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13/11/2018

Adey Steel Targets Housebuilding Sector

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Specialist steel fabricator Adey Steel has targeted the housebuilding sector in an effort to continue its construction growth.

The Loughborough-based company also announced its plans to focus on the "niche" rail, energy and specialist sectors to expand.

Managing Director, Andrew Adey, said: "It is in these niche rail, energy and specialist sectors that we have enjoyed the most success in recent years, so we are looking to maximise our opportunities there and exercise caution in other, more volatile sectors."
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Adey Steel will also be taking a more selective approach to work in the broader construction industry.

Mr Adey added: "We see growth opportunities presenting themselves in rail ahead of the CP6 and HS2 projects, combined with heavy investment in the nuclear and energy sectors, so we are structuring our business to ensure we are well positioned to support those initiative and deliver on our growth plans."

Sister company Adey SteelShop is also increasing its activity in the UK housebuilding sector, supplying structural steel and architectural metalwork to many of the most prominent regional and national housebuilders.

(CM/MH)

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