Aberdeenshire companies Cable Solutions Worldwide (CSW) and ESWL have relocated to new premises in Inverurie in a move supported by a £565,000 funding package from Royal Bank of Scotland (RBS).
The two energy service firms are now based at Blackhall Industrial Estate. They currently employ a total of 24 people, having recently taken on five new recruits, with the two firms each expecting to add another two people to their workforces in the near future.
CSW (
www.cable-solutions-worldwide.com) specialises in design, manufacturing, supply and project management services for the oil and gas, sub-sea, ship-building and renewable-energy industries, while ESWL is a procurement company.
CSW director Colin Fraser said: “We’ve come through a relatively turbulent period within the sub-sea and oil and gas sectors, and we are now looking to expand into more robust markets.
"The purpose-built facility will allow us to increase the cable assembly process, provide more diverse products, stock more of our customers’ favourites and provide jobs to the local economy.”