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Engineering firm set for expansion with new premises

An automation firm is aiming to expand after moving in to refurbished space in Peterlee.

Oracle Drives and Automation, a specialist provider of control systems for industry, has taken 3,604 sq ft across three units at FI Real Estate Management (FIREM)’s The Hive in Peterlee.

Since its purchase by Veruth Holdings in 2021, Oracle Drives and Automation has doubled its headcount from 8 to 16.

Having collaborated with FIREM on the design and functionality of the unit, the firm is set to house its growing North East team at The Hive, developing its reach across Europe and North America.

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