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Sun May 19 2024

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Masterton in expansion mode

7 Nov 12 Grangemouth-based decommissioning specialist Masterton reports 60% growth in 2012 and plans the same again for 2013.

Masterton is on course to turn over of £16m in 2012, up from £10m in 2011. It is projecting £25m turnover in 2013.

The contractor recently restructured and brought in a new managing director, Steve Forster from Keltbray. It also created 12 new managerial positions to target specialist sectors such as city centre and international demolition.

Masterton has also invested £1m in new plant.

Current contracts include the demolition of four redundant oil storage tanks for long-standing client and neighbour Ineos Grangemouth.

Other new contracts include a £1.3m asbestos removal project for Ineos ChlorVinyls at Runcorn and a £600,000 contract to remove asbestos from Rolls Royce’s aeroplane engine factory in East Kilbride.

Drinks company Diageo has appointed Masterton to dismantle racking and strip asbestos at a whisky warehouse in Menstrie, Clackmannanshire.

Masterton’s expansion was supported with a move to a new 16-acre site in Grangemouth earlier this year. The new purpose-built headquarters, pictured below, is home to more than 30 staff, including 20 Masterton employees plus 12 from parent company Blackwell. Masterton has a further 80 staff in the field.

Meanwhile to meet demand from overseas clients, Masterton has set up Blackwell Masterton International (BMI).

Masterton's new HQ
Masterton's new HQ

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