Major valve distribution facility set up at Malta Freeport

JAG flocomponents, North America's largest manufacturer of pipeline valves, has announced the establishment at the Malta Freeport of its third major valve distribution facility which will serve customers in the oil and gas sectors in Europe, Central...

JAG flocomponents, North America's largest manufacturer of pipeline valves, has announced the establishment at the Malta Freeport of its third major valve distribution facility which will serve customers in the oil and gas sectors in Europe, Central Asia and Africa. Salvo Grima (Freeport Operations) Ltd has been appointed logistics partner for JAG flocomponents.

The Salvo Grima Group, founded in the mid-19thcentury as a ship supplies company, is one of the longest-established organisations in Malta with maritime, commercial and international ties.

Denis Taschuk, president of JAG flocomponents said: "JAG is excited about setting up this operation in Malta because it is strategically located in the centre of the Mediterranean near major shipping lanes. With excellent port facilities, a solid infrastructure, an educated work force, a favourable tax regime and EU membership, Malta represents a location that is ideal for servicing our customers in Europe and North Africa".

A spokesman for Salvo Grima Group attributed Malta's membership of the European Union, as well as its strategic location on the southernmost boundary of the EU, bridging Europe to North Africa, as a determining factor in winning this important business over. Another key factor, he said, was Malta's achievements over the past decade, in earning prestigious international credentials as a centre of excellence in financial services. The modern warehousing facilities within the Malta Freeport and the efficient logistical services provided by Salvo Grima (Freeport Operations) Ltd, were instrumental in winning the bid and securing the JAG business for Malta, the spokesman said.

JAG flocomponents' headquarters and first distribution centre in Edmonton, Alberta, Canada was established in 2001. Its US

distribution centre, located in Houston, Texas, was opened in 2006 to support the oil and gas midstream, upstream and production markets.

JAG flocomponents LP designs, manufactures, and supplies ball valves. The company markets its products through distributors in Canada, the United States, and Australia. The company has a manufacturing plant in Dalian, China.

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