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Spex invests over £3.5m in machining capability

SPECIALIST: Ryan Strachan . . . we are a concept-to-completions house
SPECIALIST: Ryan Strachan . . . we are a concept-to-completions house

Aberdeen-based Spex said yesterday it had invested more than £3.5million in its specialist machining capability.

The firm, set up just three years ago, offers explosive and non-explosive engineering services and products.

Chief financial officer Ryan Strachan said the new equipment was vital to the firm’s growth.

He added: “We are a concept-to-completions house and our specialist machining capability sets us apart from a number of competitors. We expect significant progress again this year, with turnover projected to increase by 80% and top £13million.”

Spex employs more than 80 staff at its Dyce premises. The company said it had significantly bolstered its engineering-design capability with the acquisition of Aberdeen engineering consultant Cognity in July.

The firms said they had linked up to secure larger and more complex client projects.

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