Structural steelwork firm Raisco has secured a multi-million pound agreement to build new Lidl stores, which could lead to new North East jobs.
The Newton Aycliffe-based firm has become the principle contractor for the German supermarket retailer following its recent work on a new Normanton store, near Wakefield.
Raisco, which employs 35 staff, has already worked on 20 Lidl stores over the last six years and has recently started work on another site in Stoke.
The deal means Raisco could construct anywhere between three to 10 stores a year as part of the retailer’s expansion programme over coming years.
Managing director Gary Raistrick said: “It is a significant deal for Raisco and one which is really years in the making.
“It has always been my intention to break into the construction market after establishing ourselves in the steel fabrication and secondary steelwork markets over the last seven years.
“So it’s the culmination to a lot of hard work over recent years and now we look forward to working with Lidl on delivering more stores for them.”
Raisco fabricates its own steel in-house and provides steelwork for other contractors.
The Lidl framework deal will significantly boost Raisco’s annual turnover, which was £4m at the end of March 2014 and is expected to tip £7.5m by the end of this month.
Mr Raistrick added: “It’s testament to our team drive and ambition that we secured a further project prior to completion as our client could see we were right on track and ahead of the construction programme.
“The way we construct means we can get the roof on quicker, which means we can start the fit-out quicker than other main contractors. And we’ve done that much steel for Lidl stores now that we know the detail inside-out.
“We’ve also built up a strong team over recent years and the experience our management team boasts is second-to-none.”
A Lidl spokesman added: “Raisco has been a pleasure to work with, and opening the store early was a major bonus for us.
“Raisco has been completely professional and exceeded our expectations, and we look forward to working with them on many projects throughout the country in the future throughout the country.”
Since its 2007 launch, the firm has diversified from purely a structural steel company to providing a full construction package which includes structural, secondary, architectural and stainless steelwork.