Steel Business Briefing, Tuesday, 15 April 2006

Northern England-based stockholder Tomrods continues to invest in its processing facilities and has just purchased a new shot-blasting and preservation (painting) line to be installed at the companies Thirsk, North Yorkshire site.

The line will apply water-based paints and is being supplied by Dutch shot-blasting specialist Gietart Machinefabriek NV. The equipment, representing a £400,000 (€595,000) investment by Tomrods, will be installed before the end of 2006, managing director John Thompson tells Steel Business Briefing.

The company is one of the UK's largest steel stockholders and distributes over 24,000 tonnes/year of stock lengths and semi-processed steel into a range of market sectors.

A sister company All Steels Trading Ltd which, Tomrods says, buys and sells specialist parcels of steel for sale into both UK and export markets was set up in q1 2006 by Laurence McDougall; who arrived at Tomrods from Caparo as previously reported.