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Area Development - Site Selection, Facility Planning and Workforce Development

DeepWater Buoyancy Of Biddeford, Maine, Doubles Size Of Manufacturing Center

09/08/2014
DeepWater Buoyancy Inc., a Biddeford, Maine, company that creates subsea buoyancy products for companies in the oceanographic, seismic, survey, military and offshore oil and gas markets, doubled its staff and increased its manufacturing facility to 20,000 square feet with options for further expansion.

The firm opened its production center in January after securing the rights to the Flotation Technologies syntactic foam-based, legacy oceanographic and oil/gas undersea product lines.

"We are so grateful for the loyal customer support we've seen since opening our doors in January," said DeepWater Buoyancy Co-President/Director of Business Development, David Capotosto. "Because of their trust in our team and products, we have already shipped thousands of buoys, systems and subsea components to a dozen different countries." "One key to our rapid expansion," said Capotosto, "is that our customers have been able to make a seamless transition from Flotation Technologies to DeepWater Buoyancy. We're shipping new and replacement buoys and components daily."

The company manufactures a full line of ADCP buoys, cable floats, instrument collars and custom syntactic solutions reliable at depths exceeding six thousand meters. Company officials said it shipped over 4,800 buoys, systems and components to twelve countries along with United States.

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