News: EEF take advantage in Rotherham

The Engineering Employers' Federation (EEF), the UK trade organisation dedicated to the future of manufacturing, has taken nearly 7,000 sq ft of office space in Rotherham.

The EEF offers business services, government representation and industry intelligence and around a quarter of the UK's manufacturing businesses are members and many more use its services to help them work.

The organisation has has leased 6,878 sq ft of office accommodation at Advantage House, Poplar Way, Catcliffe in a deal secured by BNP Paribas Real Estate.

EEF has secured the second floor, which comprises self-contained modern, high quality offices within close proximity of the M1 and on the doorstep of the Advanced Manufacturing Park (AMP).

Stuart Waite, senior surveyor at BNP Paribas Real Estate, said: "Advantage House is located in a prominent position next to the Sheffield Parkway and in close proximity to the M1 motorway, which is one of the reasons why EEF chose this building. The deal itself is positive for the local market, as it is one of the largest deals to complete so far this year."

Newcastle-based JK Property Consultants acted for the EEF in buying its new Rotherham headquarters. JK was able to secure the second-floor offices at a rent of just under £9.50 per square foot before incentives are deducted. The deal allows EEF to move in rent-free for six months and then pay half-rent for the next 12 months during the initial four-year lease.

Andy Tuscher, North East Region director at EEF, said: "This move demonstrates our ongoing commitment to local and regional businesses and ensuring that they have easy access to advice and support.

"As the recovery picks up pace, they will probably need even more help tackling things such as HR issues, legal problems and health and safety concerns. We will now be even better-placed to provide this expertise."

Energy Alloys, the American oil field metals business which has its UK head office at Advantage House, has recently secured planning permission for alterations to the office space within its manufacturing and warehouse facility at Canklow, also in Rotherham. The site processes and holds long products for the energy, stainless and engineering markets and 36 employees are set to move to Canklow from across Rotherham.

EEF website
Energy Alloys website

Images: BNP Paribas Real Estate

Read more...

News: RCAT apprenticeship combines energy and Skill

Rotherham College of Arts and Technology (RCAT) has awarded Liam Skill the latest Apprentice of the Month accolade for his hard work on his Intermediate Mechanical Engineering Apprenticeship at Energy Alloys in Rotherham.

Energy Alloys is an American oil field metals business with its UK headquarters in Rotherham. it has offices at Catcliffe and a manufacturing and warehouse facility at Canklow. The site processes and holds long products for the energy, stainless and engineering markets.


During his apprenticeship, Liam worked in the manual turning department and the deep hole boring department, learning specialised skills. He also produced a production plan for a selection of piece that will be manufactured in the coming year. The plan included a great deal of detail, taking into account the health and safety involved in production.

Richard Rhodes, operations manager for Energy Alloys, said: "During his time in the turning cell he has proven that he has listened and learned by producing a piece of work which, in my opinion is first class for someone so new to engineering.

"I believe that by awarding him the apprentice of the month it will give a young man the encouragement to be a very successful player in this difficult industry."

Liam has been an apprentice at the global provider since December 2012 and has excelled in his training thanks to the team.

Liam said: "My apprenticeship has given me the opportunity to push myself and conquer new challenges. The support available through the College and from the team is great and I really enjoy coming to work each day."

The college was recently given a rating of "Good" by Ofsted inspectors with two of its departments, Construction and Visual and Performing Arts, earned the top rating of "Outstanding."

Energy Alloys website
RCAT website

Images: RCAT

Read more...

News: Energy Alloys secures credit facility to support growth

Energy Alloys, the American oil field metals business which has its UK head office in Rotherham has secured a £70m credit facility from GE Capital.

It follows from an equity investment secured in November with funds managed by GSO Capital Partners, a division of The Blackstone Group, one of the world's leading investment and advisory firms.

The £70m senior secured credit facility will be used by the global provider of oilfield metals, services and solutions to support growth and working capital needs. It was secured the help of the corporate team in Sheffield at law firm, Irwin Mitchell.

Paul Patek, chief financial officer at Energy Alloys LLC, said: "By considering both our domestic and international assets, this new facility provides us with optimal borrowing capacity that more than meets our needs."

Emma Garth, an associate solicitor in the corporate team at Irwin Mitchell, added: "This is great news for our client as it will provide the working capital required to support its growth in the future."

Founded in 1995, Energy Alloys is worth an estimated $450m and has their headquarters in Houston, Texas and international operations throughout the world.

The UK headquarters in Rotherham include offices at Catcliffe and a manufacturing and warehouse facility at Canklow. The site processes and holds long products for the energy, stainless and engineering markets.

Energy Alloys website

Images: ealloys.com

Read more...

News: Energy Alloys secures equity investment

Energy Alloys, the American firm with its UK headquarters in Rotherham, has secured equity investment to support its growth strategy.

The global provider of oilfield metals, services and solutions, announced that it had secured funds managed by GSO Capital Partners, a division of The Blackstone Group, one of the world's leading investment and advisory firms.

The company's strategy will continue to be executed by its current management team and GSO will join the board of directors.

Dave Warren, president, CEO and founder of Energy Alloys, said: "I am pleased to announce GSO's commitment to Energy Alloys. GSO is a top tier energy investor, and we look forward to having them as a partner.

"This equity commitment provides a capital structure to pursue growth opportunities, gain advantage in the market, expand value-added services and support our customer's global demands.

"I am excited about entering this next phase of our company's growth strategy as we move forward with our customer-focused vision, our talented management team, and increased capacity and capabilities that this additional investment capital will support."

Dwight Scott, senior managing director of GSO, added: "We are delighted to have the opportunity to invest in Energy Alloys. They play a unique role as a supply chain partner in a growing market, and we support the management team's vision to be customer-focused, creative and entrepreneurial."

Founded in 1995, Energy Alloys is worth an estimated $450m and has their headquarters in Houston, Texas and international operations throughout the world.

The UK headquarters in Rotherham include offices at Catcliffe and a manufacturing and warehouse facility at Canklow. The site processes and holds long products for the energy, stainless and engineering markets.

Energy Alloys website

Images: ealloys.com

Read more...

News: Energy Alloys announces opening of new UK Headquarters in Rotherham to meet needs of fast growing business

This week saw the official opening of Energy Alloys UK's new UK headquarters in Rotherham. The 13,000 sq ft office at Advantage House, Catcliffe will allow the company to consolidate the current Rotherham and Chesterfield sales and administrative functions in a central location. “The additional space and highly visible location will facilitate the escalation of our business development in the UK and the Far East, Middle East, and Eastern Europe.” said Nick Jones, VP International and Managing Director of the UK. “We’re also excited to be able to offer a state-of- the-art facility that offers an enhanced working environment for our teams, all while staying in the South Yorkshire area." Jones said the new location is much more than just office space. “It’s the next step in our evolution. We have grown significantly during the past 24 months and this new headquarters site is an important part of our future growth. We are a global leader in our industry and we are upgrading our UK Headquarters to reflect our commitment to the UK and our customers.” Earlier in the year Energy Alloys invested in four new lathes for the Rotherham production facility.
Energy Alloys website
The Star article

Rotherham

Read more...

News: Alloys firm invests in Rotherham headquarters

Energy Alloys UK is set for further expansion with the purchase of four new lathes at their Rotherham base. The expanding firm supplies high quality specialist steels and nickel alloys to the oil and gas industry and is targeting new business in the Far East, Middle East, and Eastern Europe. The funding is from Lombard, the asset finance arm of RBS and the business is expecting to boost sales by £6m. The company already provides more than £60m of steel internationally and is a subsidiary of Energy Alloys LLC based in Houston, Texas which has grown to a £300m operation with 350 employees and offices in five countries.
Energy Alloys website
The Business Desk article
The Star article

Read more...