Wednesday, July 11, 2012

News: Rotherham manufacturers amongst UK's best exporters

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Rotherham manufacturing companies, CF Booth, Kiveton Park Steel and MTL Group, have all been named on a league table that ranks Britain's private companies with the fastest-growing international sales.

The Sunday Times HSBC International Track 200 league table is compiled by Fast Track, the Oxford company that researches Britain's top-performing private companies. It ranks companies based on the increase in export sales from the last two years of available accounts.

C.F. Booth, one of the largest independently run recycling companies in Europe, is ranked at 83rd on the list with international sales growing by 46.30% each year from £67.9m in 2009 to £145.3m in 2011.

The company specialises in metal recycling and metal ingot manufacturing of both ferrous and non ferrous metals for UK import and export. Their Clarence Metal Works on Armer Street is thought to be the largest scrapyard in Europe.

This year C.F. Booth won the Queen's Award for International Trade for an outstanding performance over the last three years. Export sales are 56% of turnover which is well in excess of industry sector averages contributing to overseas earnings growth of 81%.

Also winning a Queen's Award for International Trade this year is Kiveton Park Steel. The Rotherham company was ranked 124th on the Fast Track list with international sales growth of 33.30% each year from £12.1m in 2009 to £21.5m in 2011.

The major subsidiary of Kiveton Park Holdings, which has interests in steel processing, international distribution and trading, has seen export activities increase rapidly over recent years with current levels representing over 60% of total sales, initially to European markets but now extending into many deep sea destinations including Latin and South America, India and the Far East.

The company is closely associated with the global automotive sector supplying quality products in supply chains leading to diesel injection, steering, engine and suspension parts and providing a full service package for a wide range of material specifications.

MTL Group is ranked 150th on the list with growth in international sales increasing by 28.68% each year from £2.4m in 2009 to £4m in 2011. Since these results the firm began work on a new £9m contract and has almost doubled its export sales to £7.3m since moving to a state-of-the-art manufacturing facility in Rotherham last year.

The Brinsworth firm makes steel and aluminium parts for offshore wind farms, construction equipment and military vehicles. Customers include Caterpillar, Renault Trucks and Rheinmetall.

Dr Henry Shirman, managing director of MTL Group, said: "MTL Group has continued to grow during these challenging times through careful investment in our people and in the latest state-of-the-art equipment. This has allowed us to continue to develop overseas markets.

"To be included in the Sunday Times HSBC International Track 200 list is a massive achievement and a real testament to the hard work and effort by everyone involved with the company."

C.F. Booth website

Kiveton Park Steel website

MTL Group website

Images: MTL Group

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