Xylem awarded 6M rental contract for Panama Canal expansion project

Emily Bader//July 31, 2015//

Xylem awarded 6M rental contract for Panama Canal expansion project

Emily Bader//July 31, 2015//

Listen to this article

Bridgeport-based Xylem Inc. announced Friday that it was awarded a $6 million rental contract to provide specialized water pumps for the Panama Canal Expansion Project.The project is scheduled to be completed in the second quarter of 2016. The heavy-duty Godwin dewatering pumps provided by Xylem will help fill the third set of basin locks on the canal’s Pacific Ocean section. The project will also create new traffic lanes and build two new lock complexes, one on the Atlantic and one of the Pacific, which will double the capacity of the canal.

“We are honored to work with the Authority of the Panama Canal and to be part of this project which expands one of the world’s most important transport routes,” Colin Sabol, president and senior vice president of Xylem’s dewatering business, said in a prepared statement.

This is Xylem’s second project with APC.

“Xylem is providing its global experience at a local level. With the world’s largest inventory of rental pumps and related equipment, Xylem has the ability to mobilize our vast resources quickly. In combination with the local presence and engagement of our Panama-based team, we are able to rapidly deliver the quality services demanded by the ACP for the execution of the Expansion Program project,” Jorge Alvarado, managing director for Xylem Latin America North, said in a prepared statement.

ALSO ON NJBIZ:

Forbes names Top Colleges; how did N.J. schools fare?

Made in New Jersey: Preparing the next generation

Christie places 10th in latest, Trump-led GOP presidential poll