Wilton named in major national business scaleup reportPosted On: 14th November, 2019
Wilton Engineering has been recognised as one of Tees Valley’s leading scaleup businesses in a major national report.
According to Scaleup Institute’s ‘ScaleUp Annual Review 2019’, Wilton has been named in the region’s top five visible scaleup businesses in terms of both employee growth and turnover growth.
The company is highly active in the offshore energy and defence sectors providing multi-disciplinary engineering services from its 54-acre facility on the banks of the River Tees. It has built a reputation for the delivery of complex steel fabrications for industries such as offshore wind, oil & gas, subsea and more latterly
The report names Wilton among 255 scaleup businesses in the Tees Valley, which are enterprises with an average annual growth in employees or turnover greater than 20 percent per annum over a three-year period.
The Scalup Institute is a private sector, not-for-profit company focused on making the UK the best place in the world to scale up a business. Its Annual Review provides a comprehensive picture of the national scale-up landscape created in collaboration with the Office of National Statistics, using detailed research undertaken in the UK regions.
Bill Scott OBE, Chief Executive of Wilton Engineering, said: “The growth we have achieved demonstrates that there is still a market for expert engineering businesses with the facilities, experience and capabilities to deliver large scale, complex projects for industries including offshore wind, subsea and marine defence.
“We are proud to be named in the Scaleup Institute’s Annual Report among some other excellent businesses that are part of a strong community of UK entrepreneurial, private sector companies, which are determined to deliver growth through constant innovation along with a commitment to quality and exceptional service.”