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Thyson Technology expands HQ

Date added: 09/06/2016





Analytical systems engineering firm Thyson Technology is expanding its headquarters and manufacturing facility in Ellesmere Port.

The company (pictured) has increased the size of its manufacturing facility by more than 50 per cent after agreeing to take on more than 8,200 sq ft of additional space. When added to its existing 7,000 office in Ellesmere Port, this means that the business now occupies a 22,000 sq ft site in the town.

Thyson, which last year achieved sales of £12m, also revealed that it is on course to hit its £14.7m target after landing £9m of new orders since the start of April 2016. At the same point last year, Thyson had secured new contracts worth £6m.

Over the past year, the company has broken into the UK's biogas renewable energy market for the first time with £6m of new contracts with clients such as Qila Energy and CNG.

Mike Braddock, managing director of Thyson Technology, said: "Despite facing some of the toughest ever trading conditions in the oil and gas sector, we have continued to deliver profitable growth by identifying and successfully targeting new markets.

"From a standing start, in just 12 months we have secured over half of our forecasted revenues from the rapidly expanding domestic biomass industry where our analyser systems and expertise help to deliver critical services.  

"With the expansion of our manufacturing and testing facility and the ongoing growth of our engineering teams we've built a solid platform from which we will look to secure our best-ever year and support our long-term goal of becoming a £20m business before 2020."

Thyson employs 85 staff and builds and installs process analyser systems for clients in the global oil and gas, power generation and manufacturing industries.

Read more at insidermedia.com 




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