Deep Sea’s power play ensures £1m contract in Cuba
Posted: 13 February 2006 09:54 AM   [ Ignore ]
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Total Posts:  24
Joined  2004-12-22

Kathryn Moore

02 February 2006

A YORKSHIRE manufacturing company is helping to solve electricity problems in Cuba after winning a £1m contract to supply technology to the Caribbean country.
Deep Sea Electronics, a North Yorkshire manufacturer of control systems for the power generation industry, will distribute more than 4,000 generators for the project which is expected take 18 months to complete.
The systems will help alleviate Cuba’s growing electricity problems, caused by lack of investment which has resulted in frequent blackouts and energy shortages – a situation made worse by Hurricane Ivan.
Latin American sales manager Miles Revell said: “We worked hard with a number of different generator builders to bid for the contract and along the way we fought off stiff competition from other control manufacturers from France, China, and Eastern Europe.”
The company has recently invested £750,000 to extend its production facilities at Hunmanby, near Filey, to prepare for future expansion.
The development follows a period of sustained growth for the company over the last 10 years. Declining to reveal exact figures, it said it had increased turnover fourfold, and increased its workforce from 43 employees to 69. This year the company expects to exceed growth targets by more than 21 per cent.
Main clients of the firm include power and water companies and Deep Sea Electronics supplies its systems worldwide.
Managing director Eddie Sheader said “Most of our competitors now manufacture in Eastern Europe or the Far East to cut overheads and staff costs, but we believe in investing in technology and staff here in the UK, where the processes are firmly under our own control.
“This enables us to maintain the high levels of quality our customers have become accustomed to, whilst still being competitive in the market.”

Posted: 14 February 2006 12:14 PM   [ Ignore ]   [ # 1 ]
less than 10 posts
Total Posts:  7
Joined  2006-02-09

I sure hope they got the $$$$$ up front.  They will never see a single payment from El Maximo

Posted: 10 July 2007 06:15 PM   [ Ignore ]   [ # 2 ]
Total Posts:  992
Joined  2005-11-19

Any updates on the progress of sales with Deep Sea Electronics?


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