Top Welsh 100 companies Harris Pye Group and Cyrus-RW Group announced this week that they have formed an alliance to co-operate on engineering projects throughout the world.
Cyrus and Harris Pye will work together to secure and fulfil marine, offshore and power contracts, from large steel installations for marine vessels and oil rigs to power plant equipment.
Harris Pye already has 21 bases in 13 countries and is one of the world’s only companies to offer a complete gamut of repair, upgrade and conversion services to the marine, offshore oil and gas and onshore industrial sectors. Projects range from major structural repairs to automation and control systems. Its clients include the likes of Shell, Chevron, SBM Offshore, Maersk and Atwood Oceanics.
Cyrus has over 50 years’ experience in heavy mechanical engineering, and is looking to increase its international presence and sales. The company has sites in Cardiff, Neath, Aberdeen and Tyne and Wear, and has recently won large contracts with Emirates Steel in Abu Dhabi and the West Delta Electricity Production Company in Egypt. Other clients include blue chips such as Conco, Petrobras and Murco.
“Creating a strong long-term relationship with Cyrus is a win-win for both companies”, comments Harris Pye Group MD, Mark Prendergast. “Cyrus has specialised precision machinery to refurbish ‘giant’ engineering parts such as marine and industrial power gearboxes, which we don’t. Having them on-board means we will have an assured supply of first class, large scale, heavy engineering expertise and equipment. Our combined capabilities will be particularly valuable to the energy industry, as it puts us in a position to offer complete turnkey packages, something which is both rare and also hugely beneficial to power companies, as it saves both time and costs.”
No stranger to the energy sector, Harris Pye has over the past two years refurbished HRSG (heat recovery steam generator) power plants throughout Asia and the Middle East, whilst in 2012 Cyrus designed and manufactured gear box spares and equipment for West Delta Production Company in Egypt.
“We’re delighted to have formed an alliance with Harris Pye, and are very much looking forward to working with them on a global scale” says Cyrus Chairman, Ian Watkins. “We’ve experienced significant growth over the last three years, and are confident that working alongside Harris Pye, we can increase turnover by 50% over the next three years.”
Press Release, February 15, 2013