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PSI Global, in Bowburn, near Durham City, wants to double turnover to about £10m
AN ambitious family-owned filter specialist has unveiled expansion plans to take on North-East apprentices and graduates to help double turnover to about £10m.
PSI Global, based in Bowburn, near Durham City, makes filters for the compressed air and vacuum industries.
The company, which employs 55 workers, supplies filter silencers, air intake filters, and compressors for a number of industries, including the automotive and aircraft sector, chemical production, pharmaceuticals, and food production.
Bosses at the firm, which previously won a Queen Awards for Enterprise for Export, say they will introduce four new products to maintain its momentum.
They are now working with employer-led skills body Semta to recruit graduates and apprentices and want to double its £4.5m turnover in two years.
PSI Global was incorporated by the Hunter family in 1976 after departing Dominik Hunter Ltd and David Hunter, son of managing director Sue, said he is excited by the expansion plans, which will keep its County Durham base central to its operations.
He said: “We are in a strong position and hope to work with Semta to help get the workers and skills we need to make the most of the opportunities.
“We hope to be recruiting a mixture of local apprentices and graduates and the first placement has been very positive.
“We are a major employer in Bowburn and it is important to us that as many of the people we employ as possible are from the local area.
“It takes at least two years for someone to get up to speed in our industry, so when we invest in talent we like to think employees stay with us rather than use us as a springboard to go elsewhere.
“Having a local workforce has helped us through the toughest business period we have ever encountered.
“We have four new products that we plan to introduce over the coming months and we are optimistic we can double turnover in the next two years, creating new jobs.”
Motorsport Engineering student Mathew Rowley, from Sedgefield, County Durham, has been given a three-month placement by PSI after being recruited by Semta's graduate placement scheme, which is supported by the UK Commission for Employment and Skills.
He said: “I'm not afraid of a challenge and hard work and want to expand my knowledge in the engineering industry.”
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