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WEC Group's MTL partnership deal saves 135 engineering jobs!

The deal creates one of the largest laser cutting operations in the UK's fabrication and engineering sector.
25th February 2015

WEC Group has completed a deal to bring steel engineering specialist MTL Group out of administration, saving over 135 jobs.

The deal now creates one of the largest laser cutting operations in the UK's fabrication and engineering sector, with 18 laser cutting machines available to service our clients.

The addition of MTL Group more than doubles WEC Group's current engineering capacity and the Company will now have almost 600 staff working across five sites in Lancashire, Yorkshire and Merseyside.

Wayne Wild, Group Commercial Director for WEC Group Ltd, said: "We are delighted to have reached an agreement which will save the jobs of more than 135 workers in South Yorkshire.

"This move greatly increases our metal purchasing power, and it will also allow us to offer MTL Group's expertise to our growing customer base whilst giving its customers access to the work the wider WEC Group can deliver for them."

MTL Group's manufacturing facility includes laser cutting, high definition plasma cutting, waterjet cutting, gas profile cutting, robotic plasma tube cutting and robotic bending. The contract manufacturing specialist is capable of handling all sizes and types of work from carbon steel to aluminium and it works in a range of sectors including defence and security, construction and quarrying, offshore and renewable energy, recycling and rail.

Wayne Wild added: "MTL Group is a really great fit for our business. The synergy between the two operations is incredibly strong. The Company has a great track record, working with big name companies and has an impressive order book, despite the problems it has had."

MTL Group's sales director Karl Stewart, finance director Howard Kellett and operations director Darren Bradley remain in the senior management team following the creation of the new partnership with WEC Group.

To discuss your laser cutting requirements, please contact us on:
T: 01254 773 718

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