Move to New Markets Follows £1m Investment
01 Mar 2007
Jordan Engineering, Gateshead, is moving into new markets after investing more than £1m on machinery. Five state-of-the-art Yamazaki lathes have been purchased, with the help of a bank loan from HSBC.
. They will enable the company to extend its services into new markets, especially those in the oil and gas industries across the UK and globally.
Peter Jordan, commercial director at Jordans said: “The purchase of this machinery is a necessity to maintain a competitive advantage. There is plenty of scope for expansion now that we have our new machine capacity and we are already in the process of securing new business in the oil and gas industries as a result of the investment.” The company was set up as Andaray Engineering in 1978 and was purchased by Bryan Jordan in 2004. Its turnover currently exceeds £5m with a workforce of 90 staff and the company is currently looking to recruit up to ten new staff in the operations department. The company’s services include fabrication, mechanical engineering, specialist armoured vehicle, subcontracting, precision engineering and 24 hour manufacturing processes.
www.jordan-engineering.co.uk






