and marine soon ensued. The transition
        
        
          consequently meant developing expertise
        
        
          in these new specializations through rigor-
        
        
          ous research.
        
        
          “In our business, which is heavily influ-
        
        
          enced by engineering, it’s not just about
        
        
          owning machinery. It’s also about the
        
        
          knowledge and skills used to design equip-
        
        
          ment,” Barroeta said.
        
        
          In 2014, the company received recognition
        
        
          at the Offshore Technology Conference
        
        
          when it presented research on a new kind
        
        
          of tensioning system.
        
        
          “We invest seriously in research. That’s
        
        
          the only way we can come up with innova-
        
        
          tive solutions,” Barroeta said.
        
        
          MAY 2016
        
        
          H
        
        
          business elite canada   25