JR Gilbert has proven that the traditional engineering skills of the Welsh Valleys are still in high demand after increasing its turnover yet again.
The firm has seen turnover increase threefold in the last three years, a feat which has been recognised with the Small Business of the Year Award from the Caerphilly Business Forum Awards.
Director of JR Gilbert, Nick Robbins, said: “We have made excellent progress since the Management Buy-In five years ago, and our investment in the business is now paying dividends,”
“We are very pleased to have received the award, recognising the hard work put in by the whole workforce.”
Alongside the impressive turnover increase, the expansion of the workforce from 19 up to 33 and continued apprenticeship scheme were also an important factor in winning the award.
This time period has also seen the firm invest £300,000 in four new computer numerical control (CNC) machines, adding to the equipment inherited from when the business was taken over in 2012.
Turnover has risen from £500,000 to £1.5 million in the last three years and the company now has ambitious plans for further growth.
Tata Steel subsidiary UK Steel Enterprise has played an important role in the supporting the company during the 2012 buy-in and continues to work with them.
Nick said of its role: “They have been great, and given us a lot of help along the way. Without them, things would have been undoubtedly more difficult.”
Glyn Thomas, UK Steel Enterprise manager in Wales added: ”We were very pleased to invest in JR Gilbert when the new management team took over and delighted at their success.
“This award is confirmation of what we already knew – that they are a skilled business providing excellent service to their clients and helping to preserve the engineering skills for which the Valleys were once famous.”
JR Gilbert has been operating in the valleys for 35 years. It was founded by John Gilbert in 1983 specifically to provide a large capacity sub-contract precision surface grinding facility for
Over the last few decades, Gilbert continued to expand with the introduction of new machinery and tool making capabilities.
It was acquired by its current owners Nick and Colin in 2012 and has continued investment and expansion since.