— Water sector
contractor Waterman Industries
has formed a joint venture with
Toronto-based Bisan to increase
sales in the Middle East.
After a 2004 bankruptcy, Waterman has rebuilt itself to renew
expansion in the sector.
In its press release, the company
said Waterman-built water-control
gates and valves could soon be
used in multimillion-dollar projects
in Saudi Arabia, Kuwait, Qatar,
Bahrain and other nations.
Increased crude oil prices have
sparked a wave of massive projects
throughout the Persian Gulf, often
symbolized by the multibillion-dollar
development of extravagant resorts
and commercial properties...
Waterman Targets Middle East for Expansion
3 Sep 2007 by OOSKAnews Correspondent
united states, California, EXETER
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