Arc Energy Resources has announced another record year with sales of £6.5 million.
Eastington-based weld overlay cladding and fabrication specialist Arc Energy Resources achieved a record turnover of £6.5 million, while investing £1 million in new equipment and a new building to house a sophisticated computerised robot.
New Managing Director, Andrew Robinson, said the company’s performance has been achieved against a sector background of falling oil prices, many thousands of redundancies announced by major industry leaders, and shorter working weeks.
“We have also increased office space, installed a highly-specialised robotic research and development facility, invested in a bi-cathode installation that will pre-qualify equipment and enable us to increase the capacity, accuracy, productivity and lead times of our weld overlay cladding output.” says Andrew.
Andrew also confirms that Arc Energy Resources has created a new manufacturing facility that will allow the company to increase its capacity to clad massive 30 in. globe valves that have become something of a speciality for its highly-trained welding teams.
Edited from press release by Angharad Lock
Read the article online at: https://www.worldpipelines.com/business-news/07072016/arc-energy-resources-reports-sales-of-6-million-296/