United Kingdom – S Norton & Co, a leading name in UK metals recycling for more than 50 years, is being restructured so that the owners John, Charlie and Matt Norton can devote more time to strategy and the longer-term direction of the business. ‘These changes will help S Norton to maintain and grow its position as one of the largest and most progressive metal recyclers in Europe,’ comments the company’s chairman John Norton.
The brothers’ decision comes as the company’s growing size (150 employees across eight sites) and ever-increasing regulatory controls have created ‘the need to develop more formalised corporate governance procedures’, it is stated. S Norton’s board has been expanded, with four new directors joining this month, and more specific operational functions are being delegated to existing senior managers.
The new board members are Roger Morton (managing director) and Graham Donohue (finance director) plus two non-executive directors with many years’ experience in the business, Margaret Harry and Norman Jones. Morton has worked in partnership with S Norton for more than 10 years as a director of Axion Polymers. He will help to advise shareholders and senior managers on the organisational and procedural changes, while providing an interface between the executive management teams and directors. He will continue to run the Axion business alongside fellow Axion Polymers director Keith Freegard, with whom he founded their Manchester-based resource recovery and plastics recycling business in 2001. Axion’s business remains unchanged.
Founded in 1960, the family-run S Norton scrap processing business collects, processes and distributes over 1 million tonnes of ferrous scrap every year. It has long-established metal recycling operations in Manchester, London, Liverpool and Southampton.