A North Lanarkshire business delivering engineering services across the UK is continuing its expansion with a six-figure funding boost from UK Steel Enterprise (UKSE).
ID Systems UK Ltd, based in Cumbernauld, has received financial backing from UKSE, a Tata Steel subsidiary furthering economic prosperity in traditional steel producing areas, to assist with growth plans, which are set to create a further 80 jobs over the next five years.
The funding will help the business to invest in capacity and capability to support future growth projections. Specifically, the funding supports skills enhancement, improved business processes such as a new IT software, TickIT Plus accreditation and enhanced manufacturing capability.
The round of funding comes after a previous deal in 2016, when ID Systems created an additional 120 jobs in the Glasgow and Lanarkshire area following support from USKE.
The mechanical, electrical, instrumentation, control, automation and telemetry (MEICAT) services firm has a range of clients in the water, industrial and commercial sectors across the UK, with Scottish Water being their main customer.
Iain Doherty, managing director of ID Systems said: “We are very grateful to UKSE for providing us with their continued support.
“The markets we currently operate in have a strong pipeline of capital programmes for the next 10 years, and our forecast indicates that we will double in size within the next three years.
“With this rate of growth, UKSE’s commitment is vital to us.”
Scott Webb, regional executive for UKSE said: “This is a really exciting time for ID Systems and we are very much looking forward to watching them develop and grow.
“The team are ambitious and have an excellent track record of delivering a high quality of service to their customers. UKSE are proud to continue to support such a fantastic organisation.”
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