Northumberland engineering company Osbit has launched a base in the US as it taps into the country’s burgeoning offshore wind sector.
The Riding Mill-based company, an offshore wind technology developer, was taken over by Yorkshire-based Venterra Group last October and has since seen huge growth, increasing its workforce by more than a third across its two North East bases. Now the company has announced it has significantly expanded its US footprint, adding to its Port of Blyth and Riding Mill locations and tenancy at OrbisEnergy in Lowestoft, to meet demand.
Set up in 2010, the business has completed the first stage of its US growth strategy and is now fully operational under its new US entity, Osbit Inc in Rhode Island and Delaware. The subsidiary has been created to support the company’s ongoing engagement with the local supply chain and regional authorities.