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October 12, 2023
Levare International Limited opens Mexico facility, expanding global reach for electric submersible pump manufacturing and service capabilities.
Levare International Limited (Levare), a global leader in artificial lift engineering, manufacturing, sales, and servicing of electric submersible pumps (ESP), has opened a fully integrated manufacturing and repair center in Monterrey, Mexico.
Located in the northeastern state of Nuevo León, Mexico, Levare hosted a grand opening and ribbon-cutting ceremony at the new location. Levare CEO Pete Miller and US President Kyle Chapman attended along with Humberto Medina Quiroga, the City Mayor of El Carmen and Diana Vidal, the Director of Customs and State for El Carmen, and other various members of local government and media.
The new facility features more than 140,000 square-feet of workspace for motor, pump and seal assembly and testing as well as repair of downhole equipment. Strategically positioned to support, service and supply the international business, the new facility is a cornerstone to Levare’s independent and secure supply chain and will help reduce equipment delivery lead times to our customers.
- Manuel Perez, general manager, Levare-Monterrey
Levare International Limited (Levare), headquartered in Dubai, UAE, is a market leader in artificial lift engineering, manufacturing, sales, and servicing of electric submersible pumps (ESP), permanent magnet motors (PMM) and horizontal pump systems (HPS). A pioneer in engineering innovation, Levare develops the most advanced technologies for energy-producing companies, taking care to focus on efficiency and environmental impact. Our electrically-driven technology, comprehensive service capabilities, and global expertise assists customers to produce more oil or transfer more surface fluids by the most cost-effective means. Levare has more than 1000+ employees, strategically located in three manufacturing centers, 10 manufacturing and repair centers, and four service centers.
PUBLIC RELATIONS CONTACT:
Robert Navo Levare International Limited pr@levare.com |
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INVESTOR RELATIONS CONTACT:
Michelle Pham Levare International Limited Investor.relations@levare.com |
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The company has grown and evolved, it has undergone restructuring to reach an exciting juncture where the international business is a distinct and separate division. Hence, restructuring, renaming and rebranding of the company to Levare International Limited will better align with the forward-thinking mindset of who we are today, and reflect the growing portfolio of artificial lift solutions offered to our global clients within the oil & gas producing industry and beyond.
“Levare”, meaning ‘lift’ in Latin, embodies the Company’s strategic blueprint for growth, the Company’s vision of natural resource inclusion, and its commitment to uplifting its employees, customers and other stakeholders to a culture of innovation, investment and diversification.
As a client-focused organization with an engineering mindset, we listen to our clients and respond to their changing needs within the technically challenged landscape they operate. The breadth of offerings that our team of industry experts provides to our clients, from sustainable technologies like the permanent magnet motor, to the strategically located facilities throughout the world, is continuing to grow every day through organic evolution, innovation, and manufacturing bandwidth.
Our customers will see business as usual. While they will see a new name, new logo, new website, there will be zero contractual changes to how we do business with our customers. The product quality and customer satisfaction, as well as the values of transparency, versatility, inclusion and reliability will remain intact, but with an intentional approach on trust and transformation.
The new facility allows Levare to have a secure and independent supply chain as we expand our business into the green Geothermal sector, as well as the Mining and Industrial markets.
As the industry’s leader in ESP permanent magnet motors, our vision is to expand this technology that offers lower OPEX and reduced carbon emissions further into the O&G market and expand its value into the Geothermal, Mining and Municipal markets.