BOSSES at a flourishing Hartlepool company say they’re ready to bid for massive new contracts in the wind farm industry after completing a £30m investment in its town plant.
JDR Cables, in Greenland Road, is already one of the town’s big success stories.
But bosses today told of the even brighter future which awaits the firm which makes underwater cables for offshore wind turbines as well as the oil and gas markets.
The Hartlepool Mail was first to reveal, in July 2009, that JDR was set to create up to 200 jobs by setting up a factory which would be the only one of its type in the UK. It currently has 140 people on its town payroll.
Now bosses say they are ready to enter a new phase of growth after completing investment of £30m in the Hartlepool plant.
The company already employs 140 people in Hartlepool and a spokesman said the investment “demonstrates that JDR Cables is now firmly positioned as a world class supplier of undersea cables and power cables to the oil, gas and renewables industries.”
Its latest contract has seen it complete more than 12 miles of cables for the London Array project which is one of the world’s largest offshore wind farm installations.
It was also recently awarded a contract for Dong Energy’s Gunfleet Sands wind farm project.
Chief executive Andrew Norman 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.
JDR’s multi-million pound town facilities include a recently installed vertical laying up machine which means it can make cables which are longer and can have a higher voltage.