A Newton Aycliffe fabrication company has celebrated the end of its fifth year in business by hitting the £5m turnover mark - and winning a contract with Premier League champions Manchester City.
Premo Fabrications, based on Aycliffe Business Park, has seen employee headcount rise from nine to 30 since December 2009.
The firm, which specialises in the design and manufacture of sheet metal architectural fabrications such as rainscreen systems, pressings and fascias, recently completed a £1.2m contract working on Manchester City’s £200m Football Academy,
From there, it secured a further export supply package for Melbourne, a secured supply package for New York and a contract to supply materials for the Etihad main stadium extension.
Premo is no stranger to the world of football, having also completing an £800,000 contract for the Football Association at the England squad’s new headquarters, St George’s Park in Burton, two years ago.
Other projects the company has secured include work on Hitachi Rail Europe’s £82m train-building factory in Aycliffe, Trinity Square at Gateshead and London King’s Cross.
Now, it is hoping to expand and take on even more staff.
Director Dave Knowles, who founded Premo with business partner Beau Stevens, said: “It’s been a fantastic few years for the company and we’re delighted with how things are progressing.
“But we couldn’t have done it without our tremendous workforce. Their work ethic, skills set and positive attitude has enabled us to take on large-scale projects and deliver them within budget and on time.
“In our industry you don’t often have a forward order book as such, the bulk of our work are short-term orders, but we’re pretty confident going forward. Things are looking good.”
Mr Knowles and Mr Stevens have accumulated over 50 years of experience between them in senior management and director level roles in North East companies.
Their latest venture turned over £2m in its first year and invested heavily in state-of-the-art machinery as it grew revenues steadily to £5m at the end of the last financial year in November.
“We’re already making an excellent name for ourselves working in the industrial, commercial, public and refurbishment sectors,” Mr Knowles added.
“In Newton Aycliffe, we’re ideally placed to take advantage of a highly-skilled, local workforce, an abundance of top-quality materials and access to the best supply chain solutions around.”
Other projects completed by Premo include works Selby Community College, Sainsbury’s Northumberland Park, Axa Insurance HQ in Ipswich, the Waters Science Park in Wilmslow, South Glade Health Centre in Nottingham and the Gilmoss Waste Transfer Centre in Liverpool.
Mr Stevens added: “We pride ourselves on having a very hands-on approach and being personally accessible to our customer base; this allows us to provide a superior service coupled with consistent, high-quality account management.
“We’re extremely proud of what we’ve achieved so far but we’re all determined to do even better in 2015 and beyond.”