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June

Steel giant showcased as a ‘business to recognise’

17 June 2011

Sheffield Forgemaster’s strong management team, innovation, past growth and future prospects have earned them a top 10 place in a national business benchmarking exercise for UK companies to watch in the future.

Sheffield Forgemaster’s strong management team, innovation, past growth and future prospects have earned them a top 10 place in a national business benchmarking exercise for UK companies to watch in the future.

The international steel engineering company was showcased in the Sunday Times Profit Track Ones to Recognise list.

Forgemasters is the only Yorkshire-based company to feature in the esteemed 'Ones to Recognise' list which showcases a selection of companies that have either had, or predict, a good profit growth.

The steel manufacturer beat off stiff competition from hundreds of prospective UK companies to rank amongst nine other businesses in the prestigious list which this year includes renowned shoe manufacturer Dr Martens, pharmaceutical giant, the DDD Group and communications technology supplier, Metaswitch Networks.

Peter Birtles, non-executive director of Sheffield Forgemasters, said: “The manufacturing industry in Britain is one of the best in the world and is a sector that continues to diversify and succeed in this difficult climate.

“Our manufacturing skills continue to win key global contracts, tap into the fastest growing sectors and maintain a market lead in niche products. We will continue to fly the flag for Sheffield across the globe and are delighted to feature in this list.

“Some companies on this list have gone on to feature in the main Profit Track 100 league table and our long term vision would be to do just that.”

The judging panel included serial entrepreneur Luke Johnson and Fast Track's founder Hamish Stevenson.

Forgemasters has recently seen a host of award wins which includes the Apprentice Awards (Yorkshire and Humber) Large Employer of the Year and the Made in Sheffield Award.