Northumberland's IHC Engineering secure over £200 million worth of contracts
Stocksfield-based offshore engineering specialists IHC have secured export orders worth more than £200 million over the past year.
The firm are now planning further expansion and recruitment over 2014 to accommodate the contracts.
The work includes the design and build of a 2,000 tonne subsea pipelaying system for oil and gas giant Petrofac, as well as Flex-Lay systems for use in Brazil.
Jon Dale, IHC EB’s managing director, said: “We have taken some huge steps forward with ourplans for growth within the IHC Merwede group. In addition to a record order intake, we have seen significant development within all areas of the business.
“IHC EB is gaining increasing recognition as a leading exporter of high-quality offshore equipment and an employer of choice in the North East region’s important maritime market.
“The undoubted experience and expertise of our team is an excellent example of what the North East can deliver in terms of helping the UK’s recovery in the manufacturing sector.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
How businesses can reduce workplace safety risks with custom solutions
Tech firm unveils jobs plan after £530,000 backing
SMEs urged to think big at Newcastle event
B Corp is a commitment, not a one-time win
Government must get in gear on vehicle transition
A legacy in stone and spirit
Shaping the future: Your guide to planning reforms
The future direction of expert witness services
Getting people into gear for a workplace return
What to expect in the Spring Statement
Sunderland leading way in UK office supply market
Key construction developments in 2025