ENSCO Inc. has formed a wholly owned subsidiary, ENSCO Rail Australia Pty Ltd., in response to demand for state-of-the-art automated track inspection and data management products, the company announced Tuesday.
“We are excited about the creation of our Australian company,“ said Greg Young, ENSCO president and CEO. “Australia is a strategic customer for ENSCO for a number of reasons.”
He said they have already introduced technologies into Australian marketplace, the rail industry is similar to North America’s and the new company will allow ENSCO to utilize in-country personnel and equipment.
ENSCO’s new subsidiary will attempt to bring products and services to the primarily freight-dominated Australian marketplace.
According to the Washington D.C.- based company, the Australian market is similar to North America because of the prevalence of freight and it has shared corridor passenger services and local metros.
The company is located in Baulkham Hills, just outside of Sydney and is expected to support ENSCO“™s solutions for railway asset condition assessment and maintenance planning technologies.