Tees Business Issue 44 | Page 65

ENGINEERING
2024: Achievement – the Paralloy team was presented with the King’ s Award for International Trade in 2024.

PRECISION MEETS

PERFORMANCE

A history of innovation, excellence and commitment cast in steel alloys

Paralloy’ s journey is one defined by innovation, engineering excellence and an unwavering commitment to people and performance – values that have shaped the company for more than five decades.

Historic images of a Lord Lieutenant’ s visit in 1977, the company receiving the Queen’ s Award for Enterprise in 1997, and proudly accepting the King’ s Award for International Trade in 2024 tell a powerful story of consistency and progress.
“ Those moments capture who we are,” said CEO Robert McGowan.
“ They reflect decades of resilience, expertise and a mindset built around continuous improvement.”
Innovation sits at the heart of Paralloy’ s operations. From pioneering new alloys to investing in the latest manufacturing technologies, the company continues
1977: Flashback – the Lord Lieutenant visited Paralloy in 1977.
1997: History – Paralloy proudly received the Queen’ s Award for Enterprise in 1997.
to push the boundaries of what highperformance materials can achieve.
“ Innovation isn’ t an event for us – it’ s built into our process,” added Rob.
“ Every development we make is driven by a desire to solve real challenges for our customers.”
Paralloy works closely with clients across the energy, hydrogen, petrochemical, nuclear, defence and industrial sectors, delivering engineered solutions capable of withstanding extreme temperatures, stresses and corrosive environments.
Its strength lies in its end-toend capability – from bespoke alloy design and steel casting through to CNC machining, fabrication, inspection and final assembly.
This full-process approach ensures complete control over quality, delivery and metallurgical integrity.
“ Every component we produce reflects our pursuit of excellence from the first pour to the final inspection,” Rob said.“ That commitment is what sets us apart.” The company’ s dedication to its workforce, customers and long-term improvement has fuelled impressive growth.
Paralloy now employs more than 1,000 people across seven sites and generates revenues exceeding £ 200m.
Its achievements continue to earn national recognition, including nominations for the MX Awards 2025 and the Lloyds Bank British Business Excellence Awards.
“ These accolades aren’ t just trophies,” Rob noted.
“ They represent our teamwork, technical expertise and shared pride as an organisation.”
As Paralloy looks to the future, its guiding principles remain unchanged – innovation, excellence and commitment. From the Queen’ s Award in 1997 to the King’ s Award in 2024, the company continues to demonstrate the very best of British engineering, where precision truly meets performance.
Visit paralloy. co. uk
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