Osborne Engineering expansion due to Barclays funding

Osborne Engineering Ltd (OEL) was founded in 1984, specialising in the manufacture and repair of all types of white metal components. With facilities in UK, Poland, & UAE, OEL operates across five contineosbournents, working with Original Equipment Manufacturers (OEMs), Service Companies and End Users, in the Oil, Gas, Petrochemical and Power Generation industries.

Osborne’s exports account for over 60% of production with supplies mostly going to the US and Europe. Employing over 100 staff they are expecting turnover to reach more that £6 million for 2014/15.

With funding help from Barclays, Osborne are pleased to announce that they are opening a new office in Aberdeen and will be able to increase support and training services to the gas and oil industry.

J Beer, Finance Manager at Osborne explained “Barclays has provided a solution to help our current operations, trading capabilities and our future ambitions.”

References:
http://www.osborne-engineering.com/default.aspx
https://bdaily.co.uk/industrials/05-08-2014/northumberland-engineering-firm-announces-office-expansion-plans/