Busy MB Tech reaps the rewards
A STOCKTON engineering firm has won a clutch of contracts that are expected to boost annual turnover to as much as £3.5m next year.
Fabrication specialist MB Tech has secured an order worth £500,000 to supply handrails and gratings for a baggage handling tunnel at Heathrow’s Terminal 3. It has also won a £100,000 contract to supply materials for 14 lighting towers at the Olympic Stadium and is hopeful of securing further work on the construction of the television gantries.
Meanwhile, IHC Merwede, a Dutch-owned construction firm with a base in Tyneside, has awarded MB a £150,000 contract to supply materials for a 180-metre access tower used to lay pipes on the seabed.
Founder Steve MacDonald said MB was now eyeing opportunities in the offshore wind farm, nuclear new-build, and airport development markets - with Heathrow and Gatwick prime targets.
Mr MacDonald, who launched the business in 2005 with co-founder Iain Brown, said: “Potentially we have five years of work lined up.”
Now with a workforce of 26, the company has taken on nine new staff to cope with the uplift and hopes to recruit one apprentice.
