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Saudi, Flowserve $14m JV
- Saudi Arabia: Tuesday, June 06 - 2006 at 10:04
Saudi's Al Rushaid Group and US-based Flowserve Corp have agreed to build an original equipment manufacture pump repair, manufacturing and training facility in Dhahran at a cost of $14m. The construction of the 205,000-sqft complex will commence in July 2006 and is expected to be operational in October 2007.
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