Langley Alloys is well on the road to recovery, thanks to a multi-million pound investment over the last two years.
Bosses at the Wolstanton business have spent more than £ 2M on new equipment and stock, as well as the opening of a second facility in Grove Road, Fenton. Now the company expects to post a record turnover of more than £ 14M for 2018/19, after seeing sales increase 30% in each of the last two years. This comes just four years after the firm saw revenue fall to its lowest of around £ 6M due to a drop in oil prices in 2014/15.
In the short-term, Langley Alloys plans to take on new staff, including warehouse operatives and an apprentice sales assistant, but eventually it hopes to bring all of its operations under one roof and relocate to a bigger site.
Langley Alloys supplies high-value stainless steels and nickel alloys to companies producing products destined for application in oil and gas, chemical, food, paper and energy production, as well as marine and naval uses. The company employs more than 45 staff at its sites in the UK and USA, and exports all over the world.
