PARAT Announces Substantial Investments to Boost Production Capacity and Quality Control
Leading the forefront of electrode boiler technology, PARAT, a renowned industry player, is set to embark on a significant journey of expansion and enhancement. In response to the escalating demand for electrode boilers in the industry and offshore markets, PARAT has earmarked substantial investments throughout 2024 to upgrade its production facilities.
Cutting-Edge Technology to Boost Production and Safety
The state-of-the-art equipment, sourced from the reputable Norwegian company iTec, will be supplied by industry leaders PEMA and DAVI. This strategic move aims not only to meet the rising market demand but also to elevate the precision, safety, and overall quality of the production process.
Tore S. Johannessen, PARAT's Production Manager, expresses excitement about the impending upgrades, emphasizing their positive impact on both capacity and quality. He notes, "Remotely operated machinery will also increase the safety of our workers. In total, this investment will serve both customers and employees."
Investing in Innovation to Strengthen Local Roots and Global Leadership
This substantial investment reflects PARAT's unwavering commitment to maintaining its position as a leader in electrode boiler technology. The forthcoming installation, slated to commence in mid-February and conclude by the end of July, involves large-scale groundworks within the facility. PARAT assures customers that plans are in place to guarantee timely deliveries within the agreed-upon schedules, even with the work being initiated in the local production facility.
Yngve Halvorsen, PARAT's CEO, underscores the significance of this investment, stating, "We are committed to our roots, showing the people of Flekkefjord that we will keep our technological development local. This marks a milestone in our history, allowing us to increase our capacity, accuracy, safety, and quality through new technology. A safe workspace, craftsmanship, and technological advancements are key to our continued growth and development."
As PARAT embarks on this transformative journey, the company reaffirms its dedication to delivering cutting-edge solutions, maintaining the highest standards of quality, and contributing to the local community's growth and prosperity.