The Press and Journal (Inverness, Highlands, and Islands)
Vulcan boldly expands into new frontiers
North-east engineering firm Vulcan Completion Products is targeting turnover of more than £10 million in its new trading year.
Just over a year ago the fledgling firm told The Press and Journal it was aiming to break through the £5m barrier.
Its forecast for a doubling of turnover this year is reflected in its headcount growth amid expansion at home and abroad.
Last October the company, based in Westhill, near Aberdeen, employed 21 people – up from nine a year earlier. The workforce is now 24 strong and rising after the addition of a new office in Malaysia to serve the Asia Pacific region.
Vulcan, whose name is inspired by the Star Trek TV shows and movies, has doubled the size of its team in each of the past three years.
It also has regional offices in Dubai, Azerbaijan, Saudi Arabia and Indonesia.
The firm said its five-strong team in Malaysia’s capital, Kuala Lumpur, were already making “significant gains” by fostering pre-existing relationships and “deepening roots in the area”.
Meanwhile, “significant” investment has created a new research and development hub at its global headquarters in Westhill.
This has effectively doubled its footprint in the north-east town,
with Vulcan hailing the investment as a “redoubling” of its commitment to the region.
It said the move would further accelerate its “already enviable track record for innovation”, allowing its growing team to “continue leading from the front, and bring new and exciting products to the market to foster
future sustainability and prosperity in all the company’s chosen markets”.
Three new members of staff have been recruited in Westhill to “bolster efforts to ensure the pace of development remains brisk and energetic”.
Vulcan designs and manufactures engineered products for the global oil and gas industry
completions market. Founder, managing director and big Star Trek fan Ian Kirk said the firm was on a mission to “create centres of knowledge simultaneously in the UK and in key overseas locations”.
“The team Vulcan now have on board are probably the most knowledgeable in the field today,” he said.