FM Global breaks ground on $55M Singapore site

JOHNSTON – FM Global said ground was broken last month on an approximately $55 million loss-prevention training and operations center in Singapore, which represents additional expansion in Asia for the commercial and industrial property insurer.

FM Global spokesman Steven Zenofsky said that Singapore was a natural choice for the facility as the company has had “a long-established track record operating in Asia.”

The six-story, 125,000-square-foot building will feature the FM Global Asia SimZone, which offers hands-on education to clients, partners, industry and government officials in Asia. FM Global said it will be the first hands-on training facility of its kind in Asia. The center is expected to be operational in early 2019. •

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