Newspaper article The Journal (Newcastle, England)

The Engineering Business Wins Fastest 50 for 2007; in Association with Ward Hadaway Law Firm Fastest 50: 10th Year

Newspaper article The Journal (Newcastle, England)

The Engineering Business Wins Fastest 50 for 2007; in Association with Ward Hadaway Law Firm Fastest 50: 10th Year

Article excerpt

THE Engineering Business Limited is the fastest growing company in the North-East for 2007.

The offshore, marine and renewable industry engineering specialist walked off with the title at the Ward Hadaway Fastest 50 Awards at the Baltic Centre for Contemporary Art in Gateshead.

The company, based at Riding Mill near Hexham in the Tyne Valley with operations in Stocksfield and Wallsend, was named as the fastest growing large business as well as winning the overall title for its phenomenal expansion over the past two years.

Another business in the offshore sector - Newcastle-based Shepherd Offshore Services - won the title for fastest growing small business while temperature and pressure sensor specialist Controle Mesure Regulation (UK) Ltd of North Tyneside was named fastest growing medium-sized business.

The Engineering Business was set up whilst its four owner-directors were at Newcastle University.

The company carries out large-scale engineering projects ranging from offshore pipe-laying to working on NATO's new submarine rescue system.

Dr Tony Trapp, managing director of The Engineering Business, said: "I'm very pleased to win - our plans at The Engineering Business are really coming to fruition at the moment and even surprising me.

"We have a pounds 45m order book, we have increased our workforce by a third in the first nine months of this year and we are still recruiting heavily. We are looking at pounds 20m turnover this year and probably more than pounds 30m next year.

"Being vigorous and being determined has been key to our success. In the end, it all relies on people - it's the people who make it and ours are just fantastic."

The winning companies were revealed before an audience of more than 150 business leaders at the Rooftop Restaurant at the Baltic.

The Minister for the North East, the Right Honourable Nick Brown MP, was the keynote speaker at the prestigious event.

Mr Brown told the audience that the awards represented "an important vanguard project for our region" and that those gathered were his "most important allies" in helping to drive up the prosperity of the North-East. …

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