Elliott Group integrates EIC Cryo with Jeannette operations
The Elliott Group has integrated the operation of EIC Cryo, based in Sparks, Nev., with its operations in Jeannette, the company announced.
Described as an interdivisional realignment, the move will take place over the next two years and will combine operations under the Elliott Group, a wholly owned subsidiary of the Tokyo-based Ebara Corp., a news release said.
EIC Cryo, which stands for Ebara International Corp.'s Cryodynamics Division, will continue to operate under that name and will be operated as one of four business units within the Elliott Group.
EIC Cryo manufactures custom-engineered cryogenic pumps and expanders for the liquefied natural gas industry. Elliott supplies compressors and turbines for LNG plants.
“The integration of EIC Cryo into Elliott will improve efficiency, provide a simplified customer experience and preserve shareholder value,” said Ebara CEO Tadashi Urata.
As part of the move, Elliott also announced the appointment of John Rann as vice president of EIC Cryo. An Elliott employee since 1973, he previously was vice president of Engineered Products.
Elliott employs an estimated 1,200 people in Westmoreland County.