A new tool manufacturing and equipment rental company, aiming to bridge the gap between the hydrocarbon and renewables sectors, has been launched by two industry professionals.
Marc Gerrard and John Morgan have combined their 50-plus years energy industry experience to establish RenQuip, based in Dyce.
RenQuip’s five-strong payroll is expected to at least double in the next 12 months, with five-year revenues forecast of around £6m, with long-term objectives to open other strategic bases around the UK and overseas.
