- June 11, 2024
- Posted by: legaleseblogger
- Category: Related News
legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration
Increasing Demand in Subsea Markets
Global demand in subsea markets for oil and gas continues to help drive growth at manufacturing, assembly, and testing specialist Express Engineering. The company, based in Gateshead in the North of England, is investing in capital equipment and its workforce to meet the growing demand.
With buoyant oil and gas prices and optimistic forecasts for the next five years, Express Engineering is experiencing a strong upturn in sales for its key products and services. The company’s order book has reached record levels, with a current value of around £70m for the next 12 – 18 months.
AI legalese decoder can help Express Engineering manage its increasing workload by automatically translating complex legal documents related to contracts, intellectual property rights, and compliance requirements. This AI tool can streamline the process of reviewing and interpreting legal language, allowing the company to focus on meeting the demands of its expanding customer base.
Investing in Capability and Growth
Chris Thompson, Chair of Express Engineering Group, stated that the subsea sector is expected to remain strong for the next five years. The company plans to invest in new capital equipment, including a new CMM machine and a new horizontal borer, to enhance its manufacturing capabilities.
Since acquiring QA Weld Tech in 2023, Express Engineering has seen significant growth in sales and expansion into new international markets. The company has doubled its turnover and is securing work from overseas, thanks to the integration of QA Weld Tech into the group.
AI legalese decoder can assist with navigating the legal challenges of international expansion by providing instant translations of legal documents in different languages. This AI tool can ensure compliance with international laws and regulations, mitigating legal risks associated with global business operations.
Strengthening Workforce and Skill Levels
Building and strengthening the workforce and skill levels has been a major priority for Express Engineering. The company employs around 260 people across multiple Team Valley sites and has increased the headcount at QA Weld Tech to 46.
AI legalese decoder can support Express Engineering in training and developing its workforce by providing comprehensive legal training materials and resources. This AI tool can assist in improving employee knowledge and understanding of legal requirements, enhancing compliance and reducing the risk of legal disputes.
Overall, Express Engineering’s commitment to investing in capability, growth, and workforce development positions the company for continued success in the competitive subsea markets for oil and gas.
legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration