Engineering news
A US simulation technology firm has snapped up a North-east-based engineering company to help boost its presence in Europe.
TAS Engineering Consultants of Stockton-on-Tees, near Middlesbrough, said its workforce could double after it was acquired by American firm GSE Systems, a provider of simulation and training solutions to the power, process, manufacturing and government sectors.
TAS creates electronic instrumentation, automation and control solutions. It said the acquisition would enable it to deliver simulator-based training. It said it could now provide simulations to allow power plant operators to improve training programmes during the design and construction of control rooms.
The company originally served the process industry, but has diversified into other sectors including oil and gas, defence, healthcare and pharmaceuticals. On the back of this growth, it has almost doubled its turnover to £2.4 million in the last two years.
John Maplesden, TAS managing director, said: “As part of GSE Systems we will be able to build upon the growth we have already achieved. We have enjoyed excellent progression in the past few years, and, with the security and resources associated with a major international company, we can implement a programme of investment and recruitment that will take the business forward.
“Entering the simulation facilities and training sector is a natural progression for TAS and enables the company to establish an increased presence in the rapidly expanding power generation sector,” he added.
Graham Wren, GSE Systems managing director in the UK, said: “The acquisition of TAS brings strong and complementary skills and experience into the GSE family of companies. The combination of world-class simulation technology from GSE and strong project management, electrical and control engineering will allow us to provide our customers with an enhanced service from design concept through plant commissioning to operational support and training.”