A family-run Teesside company has set itself at £50million target as it plans to double in size - again.
In just over three years, steel door manufacturer Metador has doubled in size to become one of the UK’s leading manufacturers of products for the construction industry.
The independent company has overcome strong competition to grow market share for its range, increasing manufacture demand, which led to a 17,000 sq ft factory extension in 2021 and further investment in plant, process, and people to facilitate the company’s record turnover in 2022.
Now plans are afoot to double in size again with a £3million investment in a new 30,000 sq. ft expansion, featuring solar panels, low energy lighting, and electric charge points, with an EPC rating of A, all aimed to decarbonise its operations.
The new high-spec manufacturing centre will enable the company to significantly upgrade its in-house R&D, engineering, and manufacturing capacity, and house a growing workforce as it moves into new sectors and launches several market-leading products in 2025 and beyond.
Tees Valley Mayor, Ben Houchen, visited the site to mark the installation of new equipment and said: “Metador are a prime example of a local business going from strength-to-strength and it’s not hard to see why they’ve doubled in size in recent years, producing top-quality bespoke doors to protect against crime, fire, and property damage.
"I’m delighted to see them continuing to invest in new machinery and their facilities to win more work, grow bigger and better, and create even more opportunity in our region.”
With strategic plans to reach a £50 million turnover within five years, Simon Evershed, Managing Director and Company Founder said; “Many traditional steel doorsets are not designed to withstand the environmental and societal impact they are subjected to.
"We established Metador to change that and have driven company success based on the quality, design innovation, engineering, and manufacturing that goes into producing a Metador door. It has taken a lot of work, ingenuity, and a team effort to get this far and we have developed considerable experience and expertise in the sector.
"This, along with our new expansion plans will mean we are well-placed for significant growth.”
The company, based at John Boyle Road, Middlesbrough, marks its 20-year milestone next year and is one of many currently expanding in the burgeoning international business development hub. With recent plans announced to bring steel-making back to Teesside, strong market projections for steel doorsets, and the emergence of green tech to further reduce the carbon footprint of manufacturing, the future for this steel-based manufacturer looks promising.