UK-based MRT set to expand to Australia and USCompany News // February 19, 2014
Beverley, UK-based Marine Rescue Technologies (MRT) is targeting UK and global markets after an ambitious multi-million pound expansion and investment. The company manufactures specialist man overboard monitoring, alerting and tracking systems and has invested in new manufacturing and assembly facilities and offices, increasing its suite of products, and its employee numbers in the process.
Operating as a wholly owned subsidiary of Mobilarm, which is listed on the Perth exchange (ASX:MBO), the company has new premises abroad and in the UK.
The head count at the company's headquarters in Beverley has risen steadily since 2012, from 13 to 28.
“We invested millions in facilities, resources, employees, product development and training in the first phase of investment and expansion," said the company.
MRT specialises in man overboard monitoring, alerting and tracking systems for a number of sectors, including offshore oil and gas, helicopter transfer, offshore windfarms, aqua culture, seismic and general maritime.
Its customers include ABP, Bond Aviation Group, BP, Bristow Group, CGG, WesternGeco, Siemens, PGS, CHC Helicopter, Shell and Total.
As well as Marshall House, Grovehill Road, Beverley, the company operates in Australia with offices in Perth and Sydney, and in Nigeria through a joint-venture partner.
This is a list of operational bases that is set to grow. “We will open new facilities in Aberdeen and in the US in Houston, Texas, in the foreseeable future, extending our global reach so that moving forward and buoyed by our new products and facilities, we fully expect our customer rental and service base to grow significantly in the coming two to three years," said the company.
Mobilarm bought MRT in 2011 from David Marshall, who founded the business in 1974 in the aftermath of the Gaul trawler tragedy.