Recovery in the UK steel sector combined with new contract wins helped boost Owens Group’s turnover by more than a fifth last year. Reporting its results for the year to 30 June 2017, the company, which rebranded to Owens Group in 2016, recorded a 22% rise in turnover to £55.6m (2016: £45.4m) and a pre-tax profit rise of 15% to £2.2m (2016: £1.9m). In its strategic report on the results, the Llanelli, South Wales-based family firm said the rise in […]
March 30, 2016 Carol Millett
Owens Group will be forced to close its Port Talbot depot with the loss of more than 90 jobs if Tata fails to find a buyer for the town’s steel works, MD Huw Owens has said.