EFC Group has opened a new manufacturing plant in Moray and added to its local workforce.
The Aberdeen company said the base at Enterprise Park, Forres, marked its second phase of expansion in the area, following the opening of a satellite office at the same site in September.
The new 4,000 square-foot plant has been opened six months ahead of schedule, which EFC said demonstrated how it was driving forward its aggressive growth strategy.
EFC now has 18 employees at Forres, with more local expansion on the horizon. The firm achieved turnover of £14million last year and projects it will exceed £30million by 2016.
Chief executive Bob Will said: “I’m delighted that we have been able to open our second Scottish manufacturing facility, which will support our existing, busy plant in Aberdeen and the thriving order book we have achieved in the last 12 months.
“This new base will support the increasing level of work that EFC is experiencing, particularly in our subsea and well-control divisions.”
EFC is a designer and manufacturer of instrumentation, monitoring, handling and control systems for the global oil and gas industry.
It was set up in 1988 and employs 127 staff across its offices at home and abroad. Outwith the UK, it has bases in Houston, Singapore and Abu Dhabi.
The group also has international representation in Norway, Mexico, India and Brazil.
Mr Will added: “We have enjoyed a successful year across each of our global bases and are well on track to achieving our business objectives. We plan to use this rapid growth in the UK as a springboard for achieving further international success in the long term.”
David Oxley, Highlands and Islands Enterprise (HIE) area manager in Moray, said: “At the Enterprise Park, Forres, EFC has been able to find the right employees and a location where the buildings and environment match the ambitions for its business. HIE looks forward to working alongside EFC as it grows and develops its business in the coming years.”