United Kingdom – S Norton & Co Ltd, one of the UK’s leading metal recyclers, has prioritised investment in new materials handling equipment and supporting its independent customer base after reporting a healthy return to profitability in its accounts for 2016.
New cranes are arriving as part of a £10 million (Euro 11 million) overall investment programme in efficiency and capacity at its London site. Similar investments are also planned over the coming months across the family-owned group’s Liverpool, Manchester and Southampton premises.
What is described as a ‘robust performance’ over the past 12 months has put the group in an ‘excellent position’ to push forward with its five-year plan aimed at driving future growth and enhancing service to its independent scrap producer partners.
‘As a strong and forward-looking company, we are investing for the long term by making each of our four sites even more efficient and productive, enabling us to offer our valued suppliers competitive prices and fast payment terms,’ comments the firm’s chairman John Norton.