MTL Doubles Its Export to GBP 7.3 Million

After relocating to Brinsworth to a state-of-the-art manufacturing facility, MTL Group has almost doubled its export, the Rotherham Business News reports.

The company has invested GBP 1million in new machinery that has enabled it to become a specialist in volume manufacturing, allowing it to make a strong move into exports. The export rose to 22%.

It has also moved into the offshore wind industry, grabbing the opportunities of its growth. To be able to support orders from the offshore renewable energy sector, MTL has a new specially designed high definition bevel plasma cutter and a robotic tube cutter.

“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,” said Peter Edwards, director at Grant Thornton in Sheffield, the company’sauditors and advisers.

The company works with a global blue-chip customer base in the defence, construction equipment, rail and offshore wind energy sectors, as one of Europe’s fastest growing project manufacturing specialists in the metal sector.

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Offshore Nieuws Staff, May 29, 2012; Image : FoundOcean