Subsidiary of Chatteris firm Stainless Metalcraft secures £7.2 million government contract
An engineering firm rescued by Chatteris-based Stainless Metalcraft after in went into administration has just secured a £7.2million government contract.
Bolton-based Booth Industries has the contract for safety doors, consolidating its impressive turnaround since assets of the business were bought out of administration by Metalcraft, part of Avingtrans PLC’s Process Solutions and Rotating Equipment (PSRE) division, in June this year.
When Metalcraft acquired the Booth Industries business, it did not acquire the existing order book, meaning that Booth essentially had to start from scratch when it came to building a commercially-viable order book.
More by this authorSarah Cliss
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