Steel Engineering set for Renfrew Port development

22 Mar 2011

Steel Engineering in Renfrew is poised to invest £3 million to create a new industrial port on the banks of the White Cart and add another 120 staff to its workforce.

The company, a welder and fabricator of massive and complex metal structures that has been thriving near the banks of the White Cart for the past 90 years, said the latest expansion is part of a strategy to position itself for what it believes will be Scotland's next engineering boom - renewable energy.

The addition of the new staff, which marks a major boon for Scotland's manufacturing sector, will take the company's headcount to 250 over the next year.

Steel Engineering, which has been awarded a Regional Selective Assistance grant worth £1.8m to go toward the expansion project, also revealed it has just secured £2.4m of orders for two 600-tonne carousel systems for laying cables on the seabed to connect marine wind farms to the power grid.

The £3m expansion project will involve the construction of a private "mini port" on the Renfrew Cart that will make its "load-out facility" the most advanced in Scotland. Work is expected to begin on the new port by May and that the company expects to be in the new fabrication hall "by next March at the latest, but probably by Christmas".

The company in May will also join forces with Anniesland College to train up the next generation of welders and platers to cope with the anticipated increase in orders over the coming decade.

Steel Engineering's turnover is expected to rise to £10m this year from £7m in 2010.

Source:  The Herald - Steel to invest £3 in Renfrew Port bid