Tadweld, a provider of metal fabrication and engineering solutions based in Tadcaster, is marking a landmark year of growth despite significant challenges for the steel industry.
The company has reported a 40% increase in revenue and welcomed its 50th team member.
Chris Houston, managing director at Tadweld, said: “Welcoming our 50th team member is a proud moment for us and reflects a 30% increase in staff over the past year. This growth is a testament to the hard work and dedication of our entire team, as well as the trust our clients place in us.”
He adds: “While the UK steel industry continues to struggle under the weight of cheap imports, challenging economic conditions, and a significant skills shortage, we’ve managed to deliver a truly outstanding financial year at Tadweld. Our resilience stems from strong client relationships, a flexible service offering and a relentless focus on building the best team in the industry.”
Tadweld supports major blue-chip clients including Coca-Cola, Nestlé, Britvic, Yorkshire Water, Balfour Beatty, and Sutcliffe Construction.
The business has invested over £500k in capital equipment in the last 12 months and acquired 17,000 sq ft of additional workshop and office space adjacent to its existing facilities in Tadcaster.
Houston concluded: “Investment and growth go hand in hand, and at Tadweld we’re focussed on investing in our people, processes, equipment and facilities.
“Whilst there are undoubtedly challenges ahead, we believe that we are well placed to capitalise on the opportunities across the UK food & drink, water, construction and fabrication markets. We’re proud of what we have achieved in the last 12 months, and we’re feeling positive about the future.”