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KOLKATA HOUSTON
Future of Energy
OPENING A
HIGH VALUE
ENGINEERING CENTER
IN INDIA
Dean Wenner
Executive Vice President & General Manager - Houston
Richard Design Services, Inc.
Future of Energy l 2 l Opening a High Value Center in India
Future of Energy l 3
Richard Industrial Group
l Opening a High Value Center in India
 Established on the principles of honesty, integrity, and safety
 Legacy core company values instituted by their father, Arthur R. Richard Sr.
 Projects up to $500MM
• Grassroots
• Brownfield
• Revamps
• Turnarounds
 Knowledge, expertise and resources to provide a high quality, complete EPC
solution safely, on time and on budget
 Provide predictable results
 Private company founded by brothers Art and Brent Richard
Future of Energy l 4
Richard Industrial Group
l Opening a High Value Center in India
Richard Design
Services, Inc.
Full-Service
engineering
company capable of
providing front end
development to
detail design for both
large and small
projects.
550 – 650
Engineers & Designers
Richard Construction,
Inc.
Industrial general
contractor with direct
hire mechanical and
shop fabrication
capabilities.
350 – 1700
Construction &
Fabricators
Richard Automation &
Electric, Inc.
Electrical and
instrumentation filed
services company.
50 – 100
E/I Field Labor
Richard Automation,
Inc.
Full-Service
automation
company with
industrial building /
skid / panel
fabrication
capabilities.
60 – 100
Programmers & Panel
Fabricators
RIG is an integrated group of four companies:
FULL RANGE OF PROJECT COVERAGE
Future of Energy l 5
High Value Center in Kolkata
l Opening a High Value Center in India
Forming Richard Design Services India (RDSI)
 Options
• Joint Venture with a firm
• Acquire a known firm
• Develop with a known and proven Leader
 Company Objectives
• Houston - World center for refining and petrochemicals
• Expanding in Houston with high performance and quality
• Integration of a High Value Engineering Center leveraging
previous global experience and key relationships.
Future of Energy l 6
High Value Center in Kolkata
l Opening a High Value Center in India
Why Kolkata?
 Communication/Cost Balance
 Technical ability – highly skilled work force
 High character people
 Less pressure on resources
 Cultural compatibility
 Western style managerial/operational aspects
 Employment and taxation manageable
Future of Energy l 7
High Value Center in Kolkata
l Opening a High Value Center in India
How are we doing?
 Surety of Plan
 Have the right people involved and engaged
 Vested in the area
 Plan well and proactively remove obstacles
 Lend a helping hand – care about the people
 Push to do more – not a “back office”
 Communication and coordination
 Sample project
 Tools
Due Diligence
& Acquisition
Decision
5 months
Infrastructure
4 months
RDSI
RDSI
Incorporation
4 months
Internal
Company
Alignment
6 months
Future of Energy l 8
High Value Center in Kolkata
l Opening a High Value Center in India
Meeting expectations?
 Domestic Scope
 USA project engagement
 Well established
 Employing great people
 Clients get great work
 Employees are exposed to more – Dream Big/Rewarding
 High level of optimism, determination and hard work … having fun!
 Making business sense
YES!
KOLKATA HOUSTON
Future of Energy
“I truly believe there is much more potential to unleash. We should be
working toward having one of the world’s largest trading relationships,
and we need to continue to reduce barriers and open our markets to
greater trade and investment.”
~ Prominent US Politician of Today ~

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Houston2025 RDS Kolkata

  • 2. OPENING A HIGH VALUE ENGINEERING CENTER IN INDIA Dean Wenner Executive Vice President & General Manager - Houston Richard Design Services, Inc. Future of Energy l 2 l Opening a High Value Center in India
  • 3. Future of Energy l 3 Richard Industrial Group l Opening a High Value Center in India  Established on the principles of honesty, integrity, and safety  Legacy core company values instituted by their father, Arthur R. Richard Sr.  Projects up to $500MM • Grassroots • Brownfield • Revamps • Turnarounds  Knowledge, expertise and resources to provide a high quality, complete EPC solution safely, on time and on budget  Provide predictable results  Private company founded by brothers Art and Brent Richard
  • 4. Future of Energy l 4 Richard Industrial Group l Opening a High Value Center in India Richard Design Services, Inc. Full-Service engineering company capable of providing front end development to detail design for both large and small projects. 550 – 650 Engineers & Designers Richard Construction, Inc. Industrial general contractor with direct hire mechanical and shop fabrication capabilities. 350 – 1700 Construction & Fabricators Richard Automation & Electric, Inc. Electrical and instrumentation filed services company. 50 – 100 E/I Field Labor Richard Automation, Inc. Full-Service automation company with industrial building / skid / panel fabrication capabilities. 60 – 100 Programmers & Panel Fabricators RIG is an integrated group of four companies: FULL RANGE OF PROJECT COVERAGE
  • 5. Future of Energy l 5 High Value Center in Kolkata l Opening a High Value Center in India Forming Richard Design Services India (RDSI)  Options • Joint Venture with a firm • Acquire a known firm • Develop with a known and proven Leader  Company Objectives • Houston - World center for refining and petrochemicals • Expanding in Houston with high performance and quality • Integration of a High Value Engineering Center leveraging previous global experience and key relationships.
  • 6. Future of Energy l 6 High Value Center in Kolkata l Opening a High Value Center in India Why Kolkata?  Communication/Cost Balance  Technical ability – highly skilled work force  High character people  Less pressure on resources  Cultural compatibility  Western style managerial/operational aspects  Employment and taxation manageable
  • 7. Future of Energy l 7 High Value Center in Kolkata l Opening a High Value Center in India How are we doing?  Surety of Plan  Have the right people involved and engaged  Vested in the area  Plan well and proactively remove obstacles  Lend a helping hand – care about the people  Push to do more – not a “back office”  Communication and coordination  Sample project  Tools Due Diligence & Acquisition Decision 5 months Infrastructure 4 months RDSI RDSI Incorporation 4 months Internal Company Alignment 6 months
  • 8. Future of Energy l 8 High Value Center in Kolkata l Opening a High Value Center in India Meeting expectations?  Domestic Scope  USA project engagement  Well established  Employing great people  Clients get great work  Employees are exposed to more – Dream Big/Rewarding  High level of optimism, determination and hard work … having fun!  Making business sense YES!
  • 9. KOLKATA HOUSTON Future of Energy “I truly believe there is much more potential to unleash. We should be working toward having one of the world’s largest trading relationships, and we need to continue to reduce barriers and open our markets to greater trade and investment.” ~ Prominent US Politician of Today ~