Forth breaks turf on academy
New deals for CM Steel and Online Valves
Charles Hammond and graduate Joanna Doig cut the turf on the site of new academy
Bathgate-based CM Steel Buildings has been appointed to design and build a training academy for Forth Ports.
The academy at the Port of Grangemouth is due for completion at the end of this year and will provide a supply of skilled staff across its Scottish operations, including its other ports at Dundee, Leith and Rosyth.
Chief Executive Charles Hammond was joined by apprentices, graduates and Skills Development Scotland for a ‘turf-cutting’ ceremony to officially mark the start of construction of the 420 sq metre facility.
Mr Hammond said: “In our 50th year of operation as Forth Ports, the Academy will support the work we do with schools, colleges and local community projects.”
Online Valves secures Middle East work
Online Valves, the Aberdeen-based distributor of pipeline equipment to the oil and gas sector, is expanding its business into new international markets after securing a £1 million funding package from HSBC.
The deal has enabled the business to secure a three-year contract in the Middle East worth £10 million, helping to double its turnover.
Online Valves will also use the financing to support two additional full-time roles in the UK.
David Sim, who bought the company last year, said: “My primary aim has been to grow the business organically both in the UK and international oil and gas sector.”
