Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your news release on our website and email newsletter, please feel free to contact the editor.

EnerMech invests USD20M for USD 78M growth

Mechanical engineering group EnerMech announced at OTC in Houston that it has invested more than USD 20.2M as it steps up its drive to cement its presence in the US and Mexico. A recent move to a new 50,000 sq ft workshop, office and storage facility near to Houston’s Energy Corridor has been followed with a USD 14 million investment in new Process, Pipeline and Umbilical (PPU) equipment and in opening a base at Villahermosa, Mexico. For the Aberdeen headquartered company, the lure of the Gulf of Mexico and its deepwater projects is strong and the strategic investment is already paying off with confirmation of a number of PPU contracts in 2014 worth up to USD 9.3M. The headcount stands at 40 but Vince Kouns, president of EnerMech’s US operation, expects that to grow to 120 by the end of 2013 with turnover more than trebling from USD 6.2M – USD 23.3M, and trebling again to USD 78M in 2015. The company has a lengthy connection to Houston through respected hydraulics specialist Norson Power which was acquired in 2010 and Kouns, along with VP Alan Sweeney is focussed on replicating that success in PPU, cranes and lifting, equipment rental, valves and training services.

Pym appointed EnerMech QHSE Director

Mechanical engineering specialist, EnerMech, has strengthened its management team with the appointment of Ian Pym as its first QHSE director.

Damstahl GmbH ‘s new fittings centre

Damstahl GmbH is expanding its warehouse capacity in the field of fittings and flanges with a new fittings centre.

Tenmat secures 2nd Queen’s Award for Enterprise

Tenmat Ltd, a specialist manufacturer of highly technical composite materials, has announced that they have won the Queen’s Award for Enterprise for Outstanding Achievement in International Trade for the second year in a row.

NRG plans to propose 3 new NY plants

newsitemNRG Energy has plans to offer up to three proposals for a new natural gas-fired plant to replace the nuclear reactors at Entergy’s Indian Point nuclear power plant in New York, according to a report from Reuters.

A new VX1000 for Schmolz + Bickenbach

The Schmolz + Bickenbach Guss Gruppe is a market and quality leader in the area of special steel casting in Europe.

Outokumpu supplies lean duplex for Nevada plant

newsitemOutokumpu has won another contract for a pioneering Crescent Dunes solar plant project in Tonopah, Nevada, USA.

Helix announces BP contract for Q5000

newsitemHelix Energy Solutions Group, Inc. announced that it has entered into a five-year contract with BP to provide well intervention services to BP in the US Gulf of Mexico with Helix’s deepwater well intervention semisubmersible vessel, the Q5000, currently being constructed in Singapore.

Keighley Labs achieves Nadcap accreditation

Keighley Laboratories’s Technical Services division has achieved Nadcap accreditation for a Materials Testing Laboratory (MTL), a status recognised by the majority of global aerospace primes as a mark of quality assurance excellence.

EnerMech secures GBP 16M contract

EnerMech, a mechanical engineering services company, has been awarded a process services contract by BG Group worth up to GBP 16M.