Serving the Teesside Business Community | 9
Looking ahead: General Manager Sharon
Lane says Tees Components is proud of
its record in retaining staff.
TURNOVER UP
AGAIN FOR TEES
COMPONENTS
By Martin Walker
F
amily-run engineering company Tees
Components has celebrated another
increase in turnover after investing
more than £2.5m in equipment over
the last two years.
The 50-year-old firm, which has sites at
North Skelton and Lingdale, has increased
turnover by around £500,000 for the last two
consecutive years - jumping to £5.5m at the
end of 2014.
Tees Components, which employs 75
people, last year secured a prestigious
million-pound contract to supply a groundbreaking Korean oceanographic research
ship, designing a thruster for Korea’s first
large-scale vessel of its kind.
It was a joint venture by the country’s
Ministry of Oceans and Fisheries, the Korea
Institute of Ocean Science and Technology
and STX Offshore and Shipbuilding.
The company’s record turnover year came
just 12 months after celebrating its 50th
birthday, and General Manager Sharon Lane
says the Tees Components success story is
testament to its staff.
“We have a highly-skilled and very
dedicated workforce, she said, proudly.
”
“Their level of engineering skills means we
can take on projects for customers which are
technically advanced.
“And that’s why we win work from all over
the world, because we have the skills and
the capabilities that some of our competitors
don’t.
”
Tees Components’ core business is
heavy CNC machining, providing precision
machining services to wide a range of
industries across the UK including power
Home: Tees Components has two sites on
Teesside, at North Skelton and Lingdale.
generation, marine, mining, metal products,
process and defence.
Its factories, which operate day and night
shifts, are capable of handling up to 50
tonnes, while the company exports 50%
of sales and also works closely with UKTI,
taking part in trade missions and