USmetros > Chico/Redding > Contractors > Saudi Arabian Trading and Construction Company (SATCO)
 
Saudi Arabian Trading and Construction Company (SATCO)
 

Posted on Sat, 13 Jul 11:51 CDT

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In 1975, the Saudi Arabian Trading and Construction Company (SATCO) started its operations 
by representing foreign companies in Saudi Arabia, covering sectors in construction, 
landscaping, catering, airports support services and systems control. A few short years 
after its inception, SATCO witnessed the construction boom of Saudi Arabia and took full 
advantage by forming joint ventures with the foreign companies it had been representing. The 
growth in Saudi Arabia ended in 1985 and many of the companies in the region, including 
SATCO’s foreign partners, exited. SATCO reorganized by acquiring the JV’s assets and 
transferring their employees into divisions of SATCO. By effectively absorbing the foreign 
expertise and knowledge from its JVs, SATCO became an operating company.
[URL]http://www.satco.sa/[/URL]
 

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