Growing global demand for its products has prompted a north-east engineering firm to invest more than £1million in new machinery.
Power Jacks, based in Ellon, has already taken delivery of its three new Doosan computer numerical control units (CNC), which it sees as “pivotal” to attracting new business from the oil and gas industry.
“The Doosan CNC machine tools are next generation and further enhance our purpose-built engineering and manufacturing facilities,” said Bruce Bultitude, chairman and managing director.
“They have the most advanced high definition and high speed capabilities, combined with a powerful weight capacity, which enables us to deliver best-in-class products to bigger projects more time and cost effectively.”
“The machines will be particularly pivotal to servicing the oil and gas sector, where we are experiencing an increasingly growing demand for our core electro-mechanical products,” he added.
“What we are seeing is a sharp shift in the industry moving away from hydraulic methods of lifting and positioning of high loads.
“We believe this is because the end users are recognising the benefits of electro-mechanical solutions which can offer safer, maintenance-free and more environmentally-friendly solutions.”
Power Jacks specialises in industrial lifting and positioning equipment.
Its market activity spans more than 70 countries and a diverse range of industries from aerospace, defence and industrial auto-motion solutions to civil engineering and energy, including renewables and oil and gas.
The firm – based in Fraserburgh until a move to £6million new headquarters in Ellon’s Balmacassie Estate in 2011 – recently reported the fastest growth in its 25-year history, with annual revenue up by 175% to £13.1million.
It has also beefed up its senior management team this year, with Keith Mackie taking up the newly-created role of deputy managing director and Ian Porter appointed operations director.
The company’s three new machines are currently at the commissioning stage and are expected to be up and running within weeks.