Tuesday, September 7, 2010

News: Rapid growth companies in Rotherham


The latest rapid growth survey from The Star and chartered accountants, Barber, Harrison & Platt shows that Rotherham has more than it's fair share of rapidly growing companies.

The survey lists the top 30 business in the region based on turnover growth, and features seven companies that are based in Rotherham.

Hydra Mining Tools International is the highest placed Rotherham firm at number eight. The Kimberworth firm's turnover grew by 88% from £6.2m to £11.7m at the last year end.

Earlier this year Hydra Mining Tools made it onto The Sunday Times HSBC International Track 100 annual league table of Britain's top private companies with the fastest-growing international sales.

The company employs 128 people and produce carbide, mineral cutting tools, toolholders, cutting chains, conveyor rollers and related components that are exported to China, America, Australia and mainland Europe.

Other Rotherham companies making The Star's rapid growth survey are Ron Hull Ltd (16th), MWS Joinery (17th), ABS Industrial Resources (21st), United Carpets (25th), Acorn Industrial (29th) and AESSEAL (30th).

Contract manufacturing specialist, The MTL Group (11th) has announced plans to relocate to Rotherham.

Don Gray, a partner with Barber,Harrison & Platt told the paper: "In a business climate that has recently been characterised by a prolonged period of difficult
trading conditions, any company that has managed to grow its top line deserves to be applauded.

"This year's Top 30 have certainly earned their plaudits with more than half of the participants recording at least a 50% increase in turnover in the period under review."

Star Business Monthly website


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