Foster Wheeler acquires Quotient Engineering to provide high value cost-competitive services

09-Jul-08
According to an announcement by Foster Wheeler Ltd., its Houston-based operating unit Foster Wheeler USA Corporation (FWUSA) along with its Indian subsidiary has bought bulk of assets of Quotient Engineering, Inc. As per the senior authority of FWUSA, this move will speed up the high quality, low cost engineering potential in India. Having already set up the noteworthy operations in Chennai and Kolkata, this acquisition will go hand in hand to support the FWUSA's growth strategy and cash in to provide high value, cost competitive solutions in engineering, procurement, construction, manufacturing, project development and management, research and plant operation services catering to the upstream oil and gas, LNG and gas-to-liquids, refining, petrochemicals, power, pharmaceuticals, biotechnology and healthcare industries. In tune with FWUSA, Houston headquartered Quotient which has an engineering centre in Kolkata, provides high-quality, low-cost services to petrochemicals, refining, upstream oil and gas, and power industries.
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