Tuesday, 17 November 2009

Locals firms come out on top

Pembrokeshire is home to some of the fastest growing firms in the country.

According to the Wales Fast Growth 50 project, Unit Engineers and Constructors based in Pembroke Dock has been confirmed as the fastest growing manufacturing and engineering firm in the UK.

The project, which monitors business success in Wales, said the company grew by a staggering 977.8% from 2006 to 2008.

Set up in 2004, the oil industry engineering firm currently employs 167 people.

Meanwhile Saundersfoot-based Trueform Ltd, which relocated from London in 2002, is the fastest growing construction and building service firm in Wales and fourth in the UK with a growth rate of 409.5%.

And Princes Gate Cool Water based in Narberth is the 48th fastest growing company on the Wales Fast Growth 50 list.

Councillor John Allen-Mirehouse, Deputy Leader and Cabinet Member for Regeneration and Economic Development congratulated all three companies on their achievements.

"For Pembrokeshire to have three companies placed amongst the fastest growing 50 in Wales and two of these in the top five is an exceptional performance for a relatively small county," he said.

"It says a lot about the opportunities that exist for growth and the support that our companies can receive."

Councillor Mirehouse said that both Unit Engineers and Trueform - along with a number of other local companies - had won subcontract work on the Pembrokeshire LNG sites.

"This says a lot about the quality of their work and the skills of the local workforce," he said.

"Pembrokeshire companies now have the opportunity to become suppliers and sub-contractors to build the Pembroke Power Station. I have every confidence in their ability to work on such a world class project and wish them well.

"And even if contracts go to other companies I know there will be skilled Pembrokeshire people able and willing to ply their trade and demonstrate why Pembrokeshire is a good place to do business."


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