Stork Group to expand manufacturing services
Stork Group to expand manufacturing services
JAKARTA (JP): The Stork Group of the Netherlands plans to
expand its industrial activities near here next month to improve
its manufacturing and engineering services in Indonesia.
A Stork director, Hans J.G. ten Kate, told reporters after a
one-day seminar on energy at the Shangri-La Hotel yesterday,
Stork's Indonesian subsidiary, PT Stork Engineering and
Contracting Indonesia, operates a manufacturing factory in
Cikarang, east of here, which deals with engineering services for
the oil and gas sector.
John Strating, president of Stork's Engineering and
Contracting Group, told The Jakarta Post his company will spend
over US$200 million for the expansion of the industry.
The expansion, to be called a Stork manufacturing and
engineering house, will produce various equipment and facilities
for the energy fields, manufacturing industry as well as
multidisciplinary engineering, Strating said.
"Stork, which has a turnover of 4 billion Dutch guilders
(US$2.5 billion), is committed to transferring its technology and
expertise to Indonesian partners," he said.
He added his company will export its industrial products to
other members of the Association of the Southeast Asian Nations.
Stork so far marketed its printing facilities for textile,
food producing equipment, diesel power generators, boilers for
the sugar industry, pumps, and palm oil machinery on the domestic
market.
Stork, in cooperation with Indomarine, a subsidiary of Astra
International Inc., also manufactures palm oil plants. It
recently exported a plant to the Dominican Republic.
According to the Investment Coordinating Board, the
Netherlands' cumulative investments in Indonesia from 1967 up to
July of this year reached US$6.80 billion. (fhp)