Hiretech takes on local products only scheme
Hiretech is the latest business to pledge its support to the Buy North East campaign, which is encouraging businesses to buy local in the wake of the continuing oil downturn.
The firm joins a list of 340 north-east businesses on the Buy North East Roll of Honour.
Like many other companies operating in the oil and gas sector, Hiretech has witnessed first-hand the detrimental effects of the recent economic slump across a variety of organisations within the sector’s supply chain and beyond.
As a result, Hiretech – a leading equipment rental, sales, service and maintenance company offering pumping spreads, powered umbilical reels, hydraulic power packs and supporting equipment – has welcomed the initiative and fully supports the movement to protect the local economy and employment in the region.
Hiretech’s managing director, Andy Buchan, is a successful serial entrepreneur.
He sold his first venture, Buchan Technical Services, to James Fisher and Sons for just under £5million following an approach by the group in 2007.
Keen to get back into business, he launched Hiretech five years ago. For Mr Buchan, sourcing from local companies is not only good for his suppliers but also for his bottom line.
He said: “We have built our business by forging good relationships with north-east based suppliers and estimate that approximately 90% of our current suppliers are local to our base at Fintray by Dyce.
“As a result, we benefit from readily available supplies and quick delivery times. Our local suppliers are willing to go the extra mile to source and deliver what we require when it is required, with no compromise in quality.
“This allows us to deliver a responsive and efficient service to our client base.
“We want to continue our support for the people in the north-east and see no reason why we can’t extend our existing local supplier base further in support of this valuable campaign”.
The campaign is led by Aberdeen and Grampian Chamber of Commerce, Aberdeen City Council and Aberdeenshire Council – as well as Aberdeen Journals and Scottish Enterprise.
All firms need to do to join the movement is pledge support by putting Buy North-East on their next board agenda, then moving at least one contract or piece of business to a local supplier.