Multi-million export deal for Skelton engineer

Multi-million export deal for Skelton engineer

Skelton-based Pipeline Precision Engineering is set to embark on a multi-million pound export deal to the Middle East after securing funding from NatWest.

The firm offer engineering design, manufacture and construction solutions in mechanical, pipe work, structural, and  precision engineering disciplines for a range of multi-national companies with special emphasis on the oil and gas sector.

The export deal will see Pipeline Precision Engineering fulfil a $2.2m export order for the delivery of bespoke units to its client.

Emma Fraser, project manager at Pipeline Precision Engineering, said: “We are in the process of fulfilling the export order which supports our long-term growth aspirations.

“As a business we have enjoyed a steady period of growth despite a challenging operations climate. Having a bank like NatWest that can provide tailored funding to support the demands of our business is vital to our success.”

NatWest supported the deal with a six-figure sum.

NatWest international trade director Kevin Tokell said: “It’s an exciting time for Pipeline Precision Engineering as the firm embarks on this new contract which will support its business growth plans.

“The business has developed a strong reputation for its products and services on offer, and we wish Pipeline Precision Engineering every success for the future.”



Bqlive BQB Sign Up Button YK