Engineer 'positive for future' as revenues rise
An engineering and fabrication firm has hailed its progress in a challenging market after revenues soared.
Tadweld has seen annual sales rise 40 per cent.
The Tadcaster-based operator says it has overcome “cheap imports, economic conditions and a significant skills shortage” to deliver the increase, with bosses pinpointing its “strong client relationships and flexible service”.
They add the firm has also benefited from a “relentless focus on building the best team in the industry”, with the company recently welcoming its 50th staff member.
Known for providing engineering and fabrication services across the food and drink, power, energy and utilities sectors, Tadweld counts companies including Coca-Cola, Nestlé, Britvic and Yorkshire Water in its order books.
Chris Houston, managing director, said: “Our growth is testament to the hard work and dedication of our entire team, as well as the trust our clients place in us.
“While the UK steel industry continues to struggle under the weight of cheap imports, challenging economic conditions and a significant skills shortage, we've managed to deliver a truly outstanding financial year.
“While there are undoubtedly challenges ahead, we believe we are well placed to capitalise on the opportunities across the UK food and drink, water, construction and fabrication markets.
“We’re proud of what we’ve achieved in the last 12 months, and we’re feeling positive about the future.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model