HMi Elements, the specialist technology company that manufactures hazardous area computers for the oil and gas industry, is forecasting a bumper year of growth.
It has started 2023 with a multimillion-pound order book and, as a thank you to staff for their hard work and dedication over the past few turbulent years, has rewarded them with a bonus and salary increase.
Last year, the business, whose customers include the world’s leading blue chip oilfield businesses, announced it was eyeing future market growth, creating six new jobs across their Malton and Leeds offices in the UK and boosting R&D and production capability by 35%.
In 2023 as global demand for oil and gas grows, more investment is planned. CEO Howard Gould says: “We’re delighted to start 2023 in a strong position with a full order book and a busy year ahead. And able to reward our hard-working teams with a bonus and pay rise.
“We’re proving to be as tough as the explosion proof products we develop, having weathered the harsh economic conditions of the global Covid-19 pandemic, Brexit, the war in Ukraine, and ongoing supply chain issues affecting components and delivery.
“And as we look to the future, its key that we invest in new technology to keep us ahead of the pack. So, we are investing in new technology and developing two new HMI’s that will be game changing for us. We’ve always led the way when it comes to innovation in the hazardous area computer sector and we’re not slowing down.”
HMi Elements, which is headquartered in Malton, North Yorkshire, is automating mechanical inspection with a co-ordinating measuring machine (CMM) which it says will improvethe product quality, testing accuracy and efficiency. And an automatic optical inspection machine for checking printed circuit boards.
It will also launch two new HMI devices into the market in Q2.
In 2022 HMi Elements created four new jobs at Malton, the company’s UK headquarters and main production facility. Two in Leeds to focus on research and development, growing the R&D team to seven to accelerate new product development. And one new procurement role, expanding the team to streamline worldwide sourcing of material, with more appointments planned for later in the year.
