37 WAY CONNECTOR

37 Way Connector product launched: CRE continue to develop their catalogue of products designed in house by the launch of a new 37 way electrical dry mate connector.

This connector is available in the new “J” class body size with a full range of bulkhead options to suit all applications. If you require any additional information please contact us.

SAGE 200 AND FAST TRACK DELIVER

In stock for a fast track service: CRE have recently introduced the SAGE 200 MRP system to support the sales order process within the business. The introduction of the system brings complete visibility to forecasting, management of inventory, planning and delivery of all orders within the manufacturing facility.

CRE maintains a significant inventory level of connectors, penetrators, junction boxes and cables to offer a fast track manufacturing service to their customers. This coupled to our in house termination and moulding service ensures we can offer quality products in a time frame that is unparalleled in the industry. The introduction of the new MRP system will ensure that the business can continue to deliver this level of service as CRE production levels increase in the years ahead.

COAXIAL HYBRID CONNECTOR

Coaxial Hybrid Connector launched: CRE continue to develop their catalogue of products designed in house with the launch of a new dry mate Hybrid co-axial connector. This connector is available in the “B” class body size with a full range of bulkhead options to suit all applications. If you require any additional information please contact us.

FRONTROW ENERGY PARTNERS INVEST IN CRE

FrontRow Energy Partners Invest in CRE: Front Row Energy Partners (FEP), are a consortium of upstream industry specialists which invests in high quality energy service companies.

Ritchie & Craig said: “CRE is an established business with a strong reputation for subsea connector products in the ROV segment. With robust growth forecast for the oil & gas market, the prospects for CRE are extremely positive. However, we felt it was time to review the strategic direction for the business. There are clear opportunities in new market segments for the CRE business and we believe that by bringing FEP’s expertise on board, we will accelerate the growth into these new markets.” Incoming Managing Director Robin Mair will be supported by Finance Director, Joe Murdoch.  The management team will be further strengthened by the appointment of Graeme Coutts as non-executive Chairman. Graeme commented ... “We were attracted to CRE as we saw an opportunity to invest in an established and profitable business operating in a sector we know well and where there are very positive market dynamics. There are tremendous opportunities for growth, not only in their established ROV segment but in the drilling and production segments. It is FEP’s ability to support and deliver the vision and strategy for the CRE product line that has drawn the parties together”.

The investment in CRE by FrontRow Energy Partners (FEP) follows their recent investments in HCS in Fife and Well Centric in Aberdeen.

cre

Styling and Website Design: CRE has created a new online web presence in support of the recent FrontRow Energy Partners investment. The objectives of the new website are to increase the online profile of CRE whilst promoting its comprehensive subsea, underwater products and fast-tracking delivery to both new and existing clients. Robin Mair commented ... “CRE is a fast growing subsea business and until the recent external investment, generally concentrated on offline publicity and word of mouth to build its comprehensive customer base. The new online facility will allow us to grow CRE into new markets, both regionally and internationally."