HYDRO Group has spent £500,000 on new equipment for its recently-opened £4.2million headquarters at Aberdeen Science and Energy Park.
The supplier of optical and electrical products to the subsea technology sector expects the investment will allow it to increase turnover by up to 20%.
The cable layup machine, designed for short power cables, will be used for the marine renewable sector.
Hydro managing director Doug Whyte said: “The new equipment will enable us to increase our capabilities as it will allow us to make cables of a higher technical specification. Our scope of work to the buoyant and rapidly growing renewable market will increase.
“The majority of projects require dynamic optical power cables that we were previously unable to manufacture. In the past, we had to subcontract or limit our scope of supply – now we will be able to provide supply the complete solution.”
Hydro employs more than 70 people and group turnover in 2009 was £4.5million.