ENGINEERED FOR SUCCESS
– LOCAL BUSINESS IN THE RUNNING FOR NECTAR BUSINESS AWARD –
A small business from Middlesbroughhas been shortlisted in the Nectar Business Small Business Awards 2011, in the Start-Up of the Year category. Teesside Precision Engineering – a manufacturer of precision machined components – is just weeks away from hearing if theywill pick up the accolade, judged by business woman and star of hit show The Apprentice, Karren Brady.
Former workmates David Dean, Roger Metcalfe and Russell Coates started Teesside Precision Engineering in February 2010 – putting their combined 60 years of engineering and management experience to good use.
In less than a year the engineering business has rapidly grown and now has a workforce of twenty staff. Since their start of trading they have operated with an increasing order book and provided services to over 100 customers, 20 of which are blue chip companies, spanning a wide range of industry sectors. Thanks to the business’ success in its early months of trading, it is in with a good chance of winning the prize of £2,000 and 50,000 Nectar points, along with the prestigious title.
David entered Teesside Precision Engineering into the Start-Up Business of the Year category after reading about the awards in an email from Nectar Business – a rewards scheme that enables businesses to collect points on their purchases.
David commented: “I’m so pleased to be shortlisted in the Nectar Business Small Business Awards. When we were setting up the business, there was lots of talk about the recession, but as a team we felt strongly that the economy would improve, and that our start-up would be a success. So far, our predictions have been exceeded and we have achieved our three year business plan within our first 12 months of trading. The recognition from being shortlisted for this award makes all the hard work worth it. The £2,000 prize money and 50,000 Nectar points could help propel our business to the next level”.
Teesside Precision Engineering was just one of hundreds of hugely successful and dedicated smallUKenterprises that entered the Nectar Business Small Business Awards. The entry will now be judged by a panel of experts, including Karren Brady who will decide the final winner of this category alongside small business journalist Guy Clapperton, Marketing Director at Nectar,James Frostand Merchandising and Marketing Director forUKand Ireland Office Depot, John O’Keeffe.
James Frost, Marketing Director at Nectar says: “Start-Up Business of the Year Award is a new award for 2011 that will reward a new company that is set for an exciting and profitable future. In challenging economic times, these individuals have worked really hard and sometimes taken risks to get their companies up and running. We wish all the shortlisted businesses the best of luck in this competitive category.”
For full information on the awards please visit www.nectar-business.com/sba2011
Winner of the Teesside Region – Newcomer of the Year Award
Alastair MacColl, Chief Exec of Business & Enterprise North East commented, “These awards have become an integral part of the North East business calendar, highlighting the strength, ambition and deversity of businesses in the North East. They are a fantastic opportunity to remind the rest of the world that the North East of England is a great place to do business.
What an honour……
In what must be one of our highlights since starting the company we were commissioned to make a holder for the ceremonial key which will be used to re-start the blast furnace at the Redcar plant and was used to symbolise the handover to Thai company SSI.
The sale signifies a new beginning for one of the North East’s great industries which will safeguard jobs and create new opportunities in the local area.
TEESSIDE PRECISION ENGINEERING LTD!
We are proud to announce that after only one year of trading, we are the “Manufacturing Award Winners” of this year’s Best New Business Awards 2010 held at Middlesbrough Riverside Stadium on Monday 21st February, a fantastic night which was attended by over 200 people.
Businesses faced a rigorous process where judges considered everything from business performance, profitability and future plans for development to reach the short-list. The company, which has recently celebrated its first birthday, was established by directors, David Dean, Roger Metcalfe and Russell Coates in February 2010.
“We are extremely proud to have won this award. It is a great compliment and testament to the hard work and dedication of all our employees as well as ourselves. Since starting the business we have always strived to offer a first-class service to our customers.
The event, hosted by Wendy Gibson, is now recognised as a key event in the business calendar for celebrating the entrepreneurial skills of new businesses in the Tees Valley Region. The main promoters Lighthouse FA Limited, Tees Valley Unlimited, Teesside University and Business & Enterprise North East achieved a total of 124 businesses entering for the awards this year.
New Engineering Company Achieves Three Year Plan in Six Months
Going it alone and setting up an engineering company was a big decision for three local engineers, David Dean, Roger Metcalfe and Russell Coates, especially given the recent economic climate for the manufacturing industry.
They are now Directors of Teesside Precision Engineering Ltd, established in February ’10 and benefiting from funding assistance from One North East. Additional support as also been received from Redcar & Cleveland Council, Business Link and the Natwest Bank.
In this short space of time they have gained a growing national and international customer base which has resulted in the recent purchase of new CNC machinery to further enhance capability. This has increased the number machine tools, both Manual and CNC to 26 with capability for Turning, Milling, Vertical and Horizontal Boring.
Since February (TPE) has gone from strength to strength and they have recently celebrated securing their 60th new customer in the first six months of trading.
Now, Teesside Precision Engineering Ltd, which is based atSkippers LaneinMiddlesbrough, are supplying machined components to a wide range of sectors including the Oil & Gas, Marine, Defence, Automotive and Chemical industries.
These achievements have resulted in an expanding workforce, reaching 21 employees, including skilled machinists and administration staff. Opportunities have been presented to four local apprentices, enabling the next generation to develop new skills, experience and employment.
In June they were awarded the ISO9001:2008 quality standard for precision machining, welding and fabrication services, which ensures businesses are operating to the highest standards of meeting customer requirements.
David Dean commented “To say this year has been eventful for us would be an understatement. We would like to express our thanks to everyone who has contributed in assisting us with establishing the company. We are proud of our achievements so far and of the services we are able to provide. The majority of our clients are repeat customers, which is reflected in achieving the ISO9001 award and our commitment to continual improvement.”
Anyone wishing to discuss or view TPE’s capabilities can do so by contacting Roger Metcalfe who would be pleased to quote any requirements. He can be contacted on 01642 455 295 or via email firstname.lastname@example.org
For more information on Teesside Precision Engineering Ltd visit www.tpe-ltd.com the company brochure is available for download. There is also an upload facility if you would prefer to submit drawings for a no-obligation quotation. Alternatively you can contact us via email at email@example.com or telephone 01642 455295.
Directors at Teesside Precision Engineering Ltd are proud to announce that they have met all of the requirements from external auditors, ACS Registrars Ltd, and have been awarded with the ISO9001:2008 certificate as granted by UKAS (United Kingdom Accreditation Service), the globally recognised accreditation body.
The scope of the registration is:
“Precision machining, welding and fabrication services”
ISO9001:2008 is an international standard for quality commitment, recognised throughout the world for establishing a business management system and is applicable to any manufacturing and service organisation, focussing on system performance and on-going improvement. It also ensures that businesses are operating to the highest standards of meeting customers’ requirements.
David Dean commented, “This award provides our customers with an organised and consistent management system which focuses on their requirements, assures production, service and delivery. It also demonstrates that we are committed to continual improvement, and further enhances our capability to meet current and future customer requirements.”
Teesside Precision Engineering Ltd was established in February ’10, benefiting from funding assistance from One North East, Redcar & Cleveland Council and Business Link. In this short space of time they have gained a growing national and international customer base which has resulted in them recently purchasing new CNC machinery to further increase their capability.
For more information on Teesside Precision Engineering visit www.tpe-ltd.com and download the company’s brochure (PDF format), there is also an upload facility if you would prefer to submit drawings for a no obligation quotation. Alternatively you can make contact by email at firstname.lastname@example.org or telephone 01642 455295.
New jobs created thanks to Precision Engineering
Teesside Precision Engineering Ltd will create the new jobs with the help of a £95,000 Grant for Business Investment from the regional development agency.
The company is a new start-up providing precision engineering services primarily to the offshore engineering industry and the funding will allow it to purchase equipment and establish a new base on Skippers Lane Industrial Estate.
One North East Director of Business and Industry, Ian Williams, said: “Offshore engineering continues to be a growth industry in the North East and I’m sure Teesside Precision Engineering Limited will become a successful supply chain company.
“This investment offers high quality job opportunities for skilled employees in the Tees Valley and I would like to wish the company the best of luck in this exciting new venture.”
The business has been established by three investors, David Dean, Roger Metcalfe and Russell Coates who all have extensive experience within engineering covering many industry sectors.
All three will act as directors of the new company and have moved quickly to purchase the building and some assets that used to belong to Campbell Machine Company Ltd, which went into liquidation in April 2009 following a loss of several key customers.
Teesside Precision Engineering Director, David Dean, said: “This is an excellent opportunity to utilise the highly skilled workforce that exists within the Tees Valley area. Additional investment has recently been injected into the business to purchase a further six CNC machine Tools to increase our capacity and capabilities.
“It is also our intention to participate in local apprenticeship programmes to support future labour market requirements within the industry.”
The majority of the new jobs created will be skilled machinists, supported by management and administrative support staff. The company will specialise in low to medium volume precision machined components and high volume products targeting markets like oil and gas, process industries and medical industries.