Leading international hazardous area computer manufacturer, HMi Elements, is capping off the year 2023 with an extraordinary period of growth, as evidenced by an impressive upturn in profits and a substantial expansion of their team. The conclusion of this year marks a significant milestone for the company, with revenues soaring by an astounding 100% across the entire business.
As part of their expansion strategy, HMi Elements has welcomed nine new appointments, strategically placed across vital areas of the business, including sales, finance, production, distribution, and research and development. These appointments demonstrate the company's commitment to strengthening its foundation for continued success in 2024 and beyond.
Based in Malton, HMi Elements specialises in providing cutting-edge technology tailored to the oil and gas industry on a global scale. Their state-of-the-art computers are trusted by many industry giants such as Baker Hughes, National Oilwell Varco, Cameron and Nabors to mention just a few . HMi Elements' products are renowned for their exceptional performance and reliability in some of the world's most hazardous environments, primarily in Zone 1 and Zone 2 areas on offshore and land-based oil rigs.
Commenting on this remarkable achievement, Howard Gould, CEO of HMi Elements, stated, "The robust demand for oil and gas throughout 2023 has been a significant driver of our success, and when combined with the unwavering dedication and hard work of our team, we are confident in achieving a thriving 2024."
Howard went on to emphasise the company's forward-looking approach, saying, "Looking ahead, it's imperative that we invest in new technology to maintain our competitive edge. We've done just that by promoting our new range of Zone 1 DAQ’s and allocating further resources to the development of a new pioneering product, set to launch in Spring 2024.”
A new Zone 2 product is in the final stages of development and will launch at OTC in May 2024
In closing, Howard expressed his gratitude to the dedicated team that made these achievements possible, saying, "I want to personally thank our entire team for their unwavering loyalty and commitment. Their hard work is unquestionably paying dividends."
For over three decades, HMi Elements has transformed the way professionals in the oil and gas industry operate, offering high quality hazardous area computing technology that enhances operational performance while ensuring site and personal safety. The company continues to support its clients in their transition to clean energy and their pursuit of sustainability programs.
