Great Yarmouth outfit Stowen has acquired a machining facility in Lowestoft that will be used to finish large mechanical equipment for a variety of industries, including renewables.
The acquisition follows the takeover of fabrication facilities at the same site, which was previously occupied by AKD Engineering until 2015.
Stowen said the latest addition is a “significant milestone” in its business plan to provide full turnkey solutions across various industry sectors.
Stowen managing director Mathew Owens said: “We plan to use the machining unit, which is equipped with bespoke machines for making and finishing large pieces of mechanical equipment together with our fabrication shops to service multiple industries from oil and gas, renewables through to food manufacturers.”
The company currently has around 40 staff, but its workforce on a single offshore project can stretch to 100 with subcontractors.