
CHERRY picker manufacturer Tanfield's order book has grown by a whopping 170% in the last six months.
The Washington-based business, which sold off most of its electric van interests to the US, says it has £20.9m of orders on its books compared to £7.7m last December.
The firm also revealed a 24% rise in turnover to £24.4m in the six months to the end of June compared to the same period last year.
The only thing that appears to be holding back further growth is capacity in the supply chain, which is taking time to gear up for recovery of the market after the recession. Tanfield said that situation was likely to remain for the rest of this year.
Chief executive Darren Kell, said: "We continue to work closely with all of our suppliers to remove bottlenecks, so we can further increase production, meet the recovering market demand globally in our products, and reduce our lead times.
“We expect the wider market will continue to improve in the second half of 2011, as the company moves closer towards break-even.”
Tanfield sold its electric van business to American associate company Smith Electric Vehicles US (Sevus) for £9.4m, although it retains around a third of the company.