Teeside Engineering Firm Announces Contract Wins Totalling More Than £500,000
15-05-2007
TEESIDE ENGINEERING FIRM ANNOUNCES CONTRACT WINS TOTALLING MORE THAN £500,000
Teesside engineering firm MB Tech Limited is celebrating two years in business with the announcement of new contract wins totalling more than £500,000 in the last four months.
The Stockton-on-Tees based firm, which specialises in providing value added access solutions, including open steel flooring, handrails, safety Gates, Ladders and GRP related products, is still in its infancy but is already positioning itself as a big hitter in the world of global engineering.
In 2005, its first full year of operation, MB Tech Limited, enjoyed a productive turnover of £600k, by the end of 2006 this had more than doubled, to £1.5 million.
The firm’s owners, Steve MacDonald and Iain Brown, are determined to build on this success and are working tirelessly to secure and execute a growing number of contracts across a wide variety of sectors, including creating solutions for power stations, apartment blocks, onshore and offshore petrochemical facilities, civil structures and sports stadia.
Contracts secured in 2007 already total more than £560,000 and once again, stretch across a variety of sectors. The largest contracts secured so far this year include a £200,000 deal to provide open steel flooring, treads and hand railing for the British Sugar Bioethanol Plant in Norfolk and an £80,000 contract to provide balustrade and handrails to Yorkshire-based, Britcon Engineering.
Following successful projects with structural steelwork specialists the Severfield-Rowen Group, MB Tech Limited have also been awarded a new £100,000 contract to supply specialised edge protection for Severfield Reeves Structures PLC’s elements project in Scotland.
On top of this the growing firm, which is an active member of the Tees Valley Engineering Partnership, have recently won several orders to supply Access products for industrial and architectural fabricators and contractors in London, and are about to complete a £180,000 contract to supply Watson Steel Structures with materials for the Kings Waterfront Conference Centre in Liverpool.
Steve MacDonald, Director of MB Tech Limited, said: “The whole ethos of our company is built around identifying customer needs and providing cost saving solutions within a value engineering environment. We work hard to ensure that our client needs are met to an exceptionally high standard and well within deadline. It is this attitude that has led to our national success and we hope it will also lead to greater success in the local area.
“Currently only 12% of our business comes from the Tees Valley, but we have recently joined the TVEP and are encouraged by what the partnership is actively doing in the area to promote it as a centre for engineering excellence. We hope that in joining the partnership it will assist us in promoting MB Tech in the local petrochemical, industrial and offshore markets.”
Malcolm Potter, manager of the Tees Valley Engineering Partnership, said: “MB Tech Limited is just the kind of business that we need in the Tees Valley. They are expertise in their field, they work hard to deliver a high quality product and they are not afraid to go after large scale national contracts. The firm has already achieved phenomenal success in two years of business and I have very high hopes for them in the future.”