The Dutch Damen Shipyard, which won the German Navy tender, has ordered the complete pump packages from Allweiler.
"We are very proud to have won this major contract," said Gunter Connert, managing director of Allweiler. "This success reaffirms that our products and expertise are highly valued within the industry.”
To modernize production and further enhance sustainability, Allweiler is planning to make extensive investments in its Radolfzell location in Germany over the coming years.
"We are currently seeking ten production employees for our Radolfzell site to expand our production capacities and continue our growth," said Connert.
Circor International also has plans to invest in its locations in China and India to drive growth in those regions and explore new markets.
"Our investments in China and India are part of our strategy to grow in emerging markets," said Connert. "This will allow us to strengthen our presence in these regions and better meet the needs of our local customers."