UK: JDR Cables Completes Hartlepool Plant Investment Worth GBP 30 Million
JDR Cables, the leading provider of specialist high performance subsea cables and umbilical systems for the offshore oil, gas and renewables market, announces that it has completed investment of £30 million in its Hartlepool plant, bringing the company into a new phase of growth.
The substantial investment in the Hartlepool plant, which employs 140 people from the local community, demonstrates that JDR Cables is now firmly positioned as a world class supplier of subsea umbilicals and power cables to the oil, gas and renewables industries.
JDR, which is the UK’s sole supplier of sub-sea array cable, is near completion of delivery of more than 200 kilometres of cables for one of the world’s largest offshore wind farm installations, the London Array project, and was recently awarded a contract for Dong Energy’s Gunfleet Sands wind farm project.
Andrew J. Norman, CEO of JDR Cables said:
“We are delighted to have achieved this significant milestone at our Hartlepool plant, which positions us as a key supplier to the UK round three and Scottish territorial wind farm projects, in cooperation with other UK based suppliers. JDR Cables’ significant investment in manufacturing infrastructure at Hartlepool has materially improved our ability to deliver major contracts to clients. JDR is now well positioned to take advantage of the pipeline of opportunities in our core markets as a result of this substantial investment.”
JDR Cables was the 2010 winner of the Queen’s Award for export and is currently bidding on UK, European and US renewable projects. The company has been supported by a grant from the UK Department for Energy and Climate Change (DECC) to evaluate future potential sub-sea cable and manufacturing technologies.
Offshore WIND staff, May 2, 2012; Image: JDR Cables