US-based 1EM Triple Capacity After French Acquisition
Demand for energy production and transportation equipment benefits engineering & manufacturing company 1EM
1 Engineering & Manufacturing (1EM) is an engineering and manufacturing company in the United States specializing in the provision of advanced manned and unmanned intervention systems for the sub-sea oil and gas industry.
After acquiring and-renaming the large-scale fabrication and engineering unit previously owned by France-based Veolia Environmental Services, the new U.S.-based owners of 1 Engineering & Manufacturing (1EM) say they have moved quickly to triple their operating capacity as demand for energy production and transportation equipment grows.
Business partners Mark Berge and Todd Marohl launched 1 Engineering & Manufacturing , known as 1EM, in December when they acquired the assets and employees of the Fabrication and Engineering operations of Veolia Environmental Services after their French headquarters announced withdrawal from 37 countries. Since then, 1EM has successfully completed work in progress for Veolia commissioned by Oceaneering, IUC Group, Phoenix International and SPX Dollinger, and has expanded capacity with its first capital improvement program.
1EM’s capital improvement program, implemented with the support of Associated Bank, has tripled the firm’s manufacturing capacity while growing its workforce. The effort resulted in a full factory reconfiguration of 46,000 sq. ft. of existing large-scale machinery and the purchase and installation of an extensive list of new, state-of-the-art machining equipment.