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Engineering jobs praised in buyout - 02-07-2008 - 10:27
Engineering jobs praised in buyout Those in engineering jobs at Peterborough-based engineering company Peter Brotherhood received praise for its attention to customers as it completed an acquisition deal with US engineering firm Dresser-Rand, it has been reported.

After months of negotiations, Dresser-Rand is buying out Peter Brotherhood, which has 300 employees, for £31 million, according to the Peterborough Evening Telegraph.

Commenting on the deal, managing director of Peter Brotherhood Stephen Fitzpatrick said: "Dresser-Rand recognised the success we have forged by a clear set of values focusing on customer care and satisfaction and the delivery of great products by a highly motivated and successful workforce."

Dresser-Rand provides rotating equipment solutions to the oil, gas, petrochemical and process industries and is one of the biggest suppliers of this equipment in the world.

In related news, a new study by Atkins has found people in engineering jobs are more likely to be offered flexible work arrangements, as half of all engineering companies in the UK now offer them, according to Personnel Today.
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