GA Sliding Head to expand
Dundee engineer secures £300,000
GA Sliding Head, part of Pryme Group, is a specialist provider to the oil and gas, defence and automotive industries.
The company, which currently employs 36 staff, has already received additional work orders with clients because of improved capabilities.
It is on track to increase turnover from £2.35 million to £2.6m for its April 2018 year-end. The business is targeting turnover of £5m by 2020.
Steve Bruce, general manager, said: “Our commitment to enhancing the company’s existing capabilities will not only allow faster turnaround times for clients’ projects, but it has already resulted in several opportunities for our team to quote for high-profile projects with some success.
“This wouldn’t previously have been possible due to the necessary timescales and complexity of working with certain valuable materials. Now that we have added this capability, it brings opportunities for our team to work on more complex parts.”
Angus Gray, CEO of Pryme Group, said: “The team at GA Sliding Head is continuing to perform above expectations and achieve growth across a broad range of industry sectors on the back of this recent investment.
“As part of our long-term vision to grow the business, we have the right people and equipment in place to capitalise on opportunities as they present themselves.”
The company is based at the city’s West Pitkerro Industrial Estate.