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Family firm is steeled for success
A THIRSK based independent steel stockholders is celebrating 40 years in business by looking to the future with plans to expand into new markets.
Family run firm Tomrods Ltd, based at a nine-acre multipurpose site in York Road, has a group turnover of £75 million, £20 million of which is generated by Tomrods.
In its 40th anniversary year the company has already grown 20 per cent so far in 2013, and has a combined group sales of over 100,000 tonnes, with the group now employing more than 100 people.
John Thompson established Tomrods Steel Stockholders in 1973 from his bedroom in Harrogate, with just a phone, desk and a £50 overdraft.
In the first year Tomrods’ turned over £100,000, with Mr Thompson attributing his success down to common sense and hard work.
He said: “When I started Tomrods in 1973 I was only 23 and I had to learn fast so that we survived those critical first few years.
“I ran the business using common sense - not spending money we didn’t have, treating all our customers, suppliers and employees with the same respect and working hard.”
Tomrods, which employs 40 staff, specialises in sawing, shot-blasting, primer painting, cutting and drilling, in addition to stockholding capabilities.
The company has grown gradually over 40 years through acquisition and the launch of sister companies.
Despite the firm’s global reach, Mr Thompson believes a northern base is crucial for Tomrods, due to a large proportion of steel businesses and steel fabrication remaining in the North East of England.
The company’s North Yorkshire base enables easy access to all customers in the North as well as to the Humber ports, with a fleet of eight wagons delivering daily into these areas.
Tomrods marked its 40th anniversary on Saturday with an Open Day at the Thirsk site for employees, their families and customers, and a VIP charity golf day at Rudding Park on October 11.
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