Fraser Hydraulics Power LTD is about to move into a purpose-built new factory unit on the Neptune Energy Park in Newcastle. The Expansion provides FHP with the right facilities to enable the family owned company to move forward with its planned expansion of the business.
The full product range which includes cable and flexible pipe handling systems is a growing market, with 40% of FHP products and services being exported to all corners of the world. FHP continues to build and hire Lay Systems whilst continuing to develop new technically advanced machines that provide solutions to many of their customer’s operational difficulties.
To-date almost all FHP business has been generated by reputation. In order to initiate a step change in the FHP customer base, in 2013/14 the company started to identify suitable companies to act as agents in key locations worldwide. This can only serve to increase exports – which is good for FHP, its employees and the local supply chain.
One revenue stream which has grown dramatically in the last 4 years is the hire of equipment and personnel to offshore operators for the laying of power and telecoms cables from specialist ships and barges. This brings its own challenges, but FHP continues to invest time and resources in the improvement of their equipment range and training of apprentices, technical operators and engineers to meet the operational and logistical demands of a growing worldwide customer base.
The new facility developed for FHP by Shepherd Offshore, provides FHP with direct access to a deep water quay without having to access public roads and also the ability to assemble large deck spreads for testing and mobilisation directly onto customer’s barges and vessels.
Visit www.fhpltd.co.uk to find our more.