SMD has announced the creation of ten new jobs based at its York Road business park facility in Malton, North Yorkshire. The North East-based company, which was recently presented a Queen's Award for Innovation for the design and manufacturer of remotely operated vehicles (ROVs), is one of the world's leading manufacturers of remote invention equipment, operating in hazardous environments across the globe.
SMD's operation in Malton is a relatively new venture for the business, and is focussed on transferring SMD's expertise in high-tech, robust remote intervention systems to the nuclear decommissioning sector, where remotely operated and robotic systems can perform tasks in environments too dangerous for people to work safely. The ten design engineers are being recruited to the engineering group which supports all the company's business streams.
In 2010, SMD delivered a ground-based ROV to Sellafield Limited, for use at the THORP plant which is one of the world's most hazardous nuclear environments.
THORPThe company's increasing presence in the nuclear market follows the restructuring of its operations into five business streams - ROVS, Trenching, Renewables, Nuclear and Mining. On the back of this restructuring SMD has experienced strong growth with turnover for the period 2009-10 increasing by almost 50 percent to £61 million.
This expansion, to meet the growing contract wins secured by SMD, has enabled the business to more than double its workforce from 120 to almost 300.
These latest new jobs are part of a recruitment drive to create 30 new jobs based in North Yorkshire and at SMD's North East operations.
In addition to its facility in Malton, SMD operates across three sites in the North East including its head office and manufacturing facility in Wallsend. It also has international offices in Singapore, Houston, and Macae in Brazil.
Andrew Hodgson, Chief Executive of SMD, said: "Alongside the emerging renewables sector, oil and gas and the subsea telecommunication cable industry, nuclear is a very important market for SMD. Our Malton operation is key to developing new and effective systems to support the nuclear industry and the new personnel we are looking to recruit will be part of a talented and skilled team who are at the cutting edge of engineering for the energy industry."
He added: "We have enjoyed a successful 12 months, which has culminated in the presentation of the Queen's Award that reflects the world-leading position we have achieved in the ROV market."