Oldmeldrum-based Flowline Specialists has been selected as a finalist in this year’s Scottish Export Awards.
The north-east energy industry manufacturer and service provider has been nominated in the small exporter of the year category. Organised by Business Quarter in conjunction with Scottish Enterprise, the awards celebrate the export achievement of businesses right across Scotland.
Established in 2001, Flowline Specialists designs, engineers and manufactures a range of equipment that safely handles flexible pipes, umbilicals and cables for the global oil and gas, subsea and renewable industries.
The firm has worked steadily over the past five years to grow and diversify its business, with the contribution made by exports increasing significantly. Turnover for the year to end 31 March 2011 was £1.37million, and this grew to £6.3million by the year ending 31 March 2015. During the same period, the contribution made by exports had risen from 15% to 50%.
To aid this export growth Flowline Specialists established a number of operational bases overseas. Alongside its Oldmeldrum headquarters and a manufacturing facility in Fyvie, the firm has overseas bases in Norway, Holland, Singapore and Dubai. These overseas bases allow the firm to better serve its international markets.
Jim Smith, Flowline Specialists CEO, said: “Over the past five years we have demonstrated our commitment to diversifying our business and growing operations internationally. As a result, the export market has become an increasingly important element of our business model. Going forward, it will remain a crucial part of our strategy, with the company being structured accordingly.
“Being nominated for this national award acknowledges the successful export strategy that we have developed and the international business model we have adopted. The entire team at Flowline Specialists has played a part in getting the business to this stage. Their hard work, dedication and focus on delivering a high standard of service to customers has been crucial to this.”
The Scottish Export Awards, sponsored by HSBC, take place on Wednesday, 23 March at Glasgow’s Hilton Hotel, where the winners will be announced in front of a 500-strong audience.
Headquartered in Oldmeldrum, Aberdeenshire, Flowline Specialists designs, engineers and manufactures a wide range of equipment for the global oil, gas and renewable industries. All of its equipment is road mobile and ferry compatible for rapid deployment in the UK and Europe. Established in 2001, the firm employs around 60 staff and has an additional manufacturing base at Fyvie, Aberdeenshire and operational bases in Norway, Holland, Dubai and Singapore. For more information, visit www.flowlinespecialists.com or telephone +44 (0)1651 871872.