Multi-million pound subsea engineering facility launches in Gateshead
A new multi-million pound subsea engineering facility has opened in the North East.
Express Engineering has launched its new £3.5m purpose-built facility in Team Valley in a bid to continue its expansion.
Comprising 48,000 sq ft, the centre will support the international growth of the firm, which specialises in the supply of assembled and tested actuators, connections, tooling for wellheads and subsea production systems for the oil and gas sector.
Chairman Chris Thompson commented: “We have a healthy order book for 2021 and anticipate significant market sector growth in the next three years.
“The new centre positions us strongly for further expansion and success as we look forward to providing customers with the most competitive, high quality subsea products.
“As an international subsea engineering sector specialist, the additional capacity will significantly enhance Express Engineering’s response times and operational performance and productivity whilst maintaining the highest standards of safety and reliability.”
Tim Witty, development director at UK Land Estates, added: “As 2021 picks up pace and the North East’s businesses look to the future, we’re glad to see Express Engineering go from strength to strength with the opening of its new centre.
“We’ve worked closely with Express Engineering on getting the site up and running and are pleased to see our joint effort come to fruition.”
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