Stainton Metal is looking at a bright future
Nov 6 2009 by Andrew Mernin, The Journal
A LIGHTING column manufacturer is looking forward to a bright future despite the dip in new house builds.
Stockton firm Stainton Metal has swelled its turnover by around 15% to £16m since last summer, and also taken on six new staff with plans for a further 10.
Bosses say their success is down to a varied market approach – and a successful acquisition by US-based Valmont Industries last November, which has propelled them onto the global stage.
Now in its 31st year, the company is looking forward to an influx of work from the 2012 Olympics and Transport 2010 – the Highways Agency’s 10-year national road strategy.
Nebraskan-based Valmont has 51 manufacturing facilities worldwide and a worldwide turnover of £2.2bn.
Stainton sales and marketing director Dave Tweed, said: “It has given us a diverse product portfolio and allowed us to do business globally. It’s been incredibly positive for us.”