Exports double after move to new factory

Sales growth: Celebrating MTL's success after its move to Rotherham are Peter Edwards of Grant Thornton, left and David O'Hara of MTL.
Sales growth: Celebrating MTL's success after its move to Rotherham are Peter Edwards of Grant Thornton, left and David O'Hara of MTL.
0
Have your say

Cutting edge project manufacturing specialist MTL Group is celebrating doubling exports to more than £7 million since moving to a state-of-the-art factory in Rotherham last year.

The precision engineer, whose customers include global blue chip clients, has won some of its largest ever export orders following the move which brought operations of four factories under one roof at Grange Lane, Rotherham.

The switch more than doubled the size of MTL’s premises and was linked to a job creating, £5 million investment in new equipment, includng the world’s largest robotic press brake and the UK’s largest waterjet and bevel laser cutters.

The investment enabled MTL Group to become a volume manufacturing specialist and to boost exports from less than one per cent of turnover to 22 per cent, with products being shipped to the Middle East, Africa, North America and India, as well as mainland Europe.

The group has also moved into the flourishing offshore wind energy market, as a result.

“Having made a significant investment in larger, more efficient manufacturing facilities and also in training our workforce to the highest level of competency, we have been able to meet this demand from overseas and also to explore new sectors such as offshore wind farms.” said group finance director David O’Hara.

“South Yorkshire has been a great base from which to build our global business, benefitting from a highly skilled workforce, a solid base of sub contractors and good support from Rotherham’s inward development organisation.”

Peter Edwards, from MTL’s advisers and auditors, Grant Thornton, said: “It’s fantastic to see businesses like MTL Group keeping South Yorkshire’s manufacturing expertise on the world map.

“It’s a great example of a forward-looking British firm that has not only exploited opportunities in new markets by establishing a successful export business, but has also been swift-footed and targeted emerging sectors such as the fast-growing offshore renewables industry.”