Aberdeen Hydraulics in multi-million pound Bridge of Don HQ Investment

Aberdeen Hydraulics Limited, part of the Energy Cranes group, has announced a multi-million pound investment program to create a new purpose-built headquarters and workshop/test facility at Bridge of Don in Aberdeen.

The investment follows accelerated growth at Aberdeen Hydraulics since it joined Energy Cranes in August 2007; it also signals growth in employee numbers in the months ahead. All employees from the existing smaller Aberdeen and Ellon sites will relocate to the purpose-built new single site.

“Our decision to join Energy Cranes in 2007 has been fully vindicated,” says Aberdeen Hydraulics chief operating officer, Steve Ord. “Sales are up 40%, largely because major clients have increased confidence in our technical and financial standing now we have Energy Cranes backing. We have created 15 new jobs in the last 18 months and are recruiting to further new positions – which is why the time is right to invest in a new, purpose built facility on a single site.”

The new facility has been designed by Jenkins & Marr (Aberdeen) for developers Steelstone Properties Limited under a 20 year leasing agreement to Aberdeen Hydraulics Limited.

Aberdeen Hydraulics became part of Energy Cranes in August 2007, at which time the business employed 43 staff; that total has already risen to 58 (up 35% in 18 months) and management plan further growth in employee numbers once the new building opens in September 2009. This growth will include the creation of additional apprenticeships.

With clients throughout the North Sea oil and gas industry, but especially in the marine and drilling sectors, Aberdeen Hydraulics designs and manufactures complex hydraulic equipment and control systems, tests and repairs pumps and motors, and holds agencies for leading hydraulics components suppliers. The business also provides training for clients’ hydraulic technicians who operate and maintain equipment supplied by Aberdeen Hydraulics and by other manufacturers.
“The credit crunch and oil price downturn are creating challenges for us all,” says John Jordan, CEO of Aberdeen Hydraulics parent, the Energy Cranes group. “But Energy Cranes businesses, including Aberdeen Hydraulics, are concentrated in the more robust production operations support sector. Notwithstanding the much talked-of gloom in the market, we are confident of the short, medium and long term opportunities for Aberdeen Hydraulics; from our sound financial footing, we are therefore keen to invest at this time.”

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