HOUSTON—With expectations of measurable growth in the oil and gas sector, one of the world’s largest shipping logistics companies is building a 181,000-square-foot warehouse with office space in north Houston.

The American arm of Swedish-owned Gulf Agency Co., or GAC, Group opened a Houston office in May 2010 with just three employees, and it has grown rapidly as oil and gas production has climbed domestically and globally, says the Houston Chronicle.

GAC USA consists of GAC Shipping and GAC Energy and Marine Services, which provides what Bob Bandos, chief executive of GAC USA, describes as “one-stop shop” shipping logistics services to oil and gas producers. The company arranges for the delivery of mining equipment – manifolds, electronics, steel pipe – anywhere in the world where there are drilling rigs.

Major clients include British Gas and Chevron.

The new Houston facility, which will also include about 20,000 square feet of office space, will increase the company’s warehouse space here by 50,000 square feet. The facility on Central Green Boulevard near Bush Intercontinental Airport is expected to be complete in mid-July.

Click Houston Chronicle to read the full story.