The plant will produce, package and test highly engineered pumps under the Goulds Pumps brand.
Located in the Oksan Industrial Complex, the new factory is three times larger than the original ITT pump manufacturing plant in Cheong-won. It was built using Lean design tools and is equipped with a new state-of-the-art test facility for both vertical and horizontal pumps.
Serving as ITT's Eastern Hemisphere Energy Center of Excellence, it will enable the company to better serve customers in the Asia Pacific region, Europe, the Middle East and Africa by manufacturing a wide range of horizontal and vertical engineered centrifugal pumps to both API and ANSI industry standards.
“This official opening is a major milestone for ITT and our Industrial Process business and reflects our ongoing commitment to being a leader in the global oil and gas industry,” said Denise Ramos, ITT’s CEO and president.
“Twenty-three years ago, we built our first chemical process pump in Korea under the Goulds Pumps brand in our Cheong-won factory. We have come a long way since then,” said Robert Pagano Jr, president of ITT’s Industrial Process business.