November 7, 2017
Metnor Construction Ltd was formed in 2002 and is one of four divisions within the Metnor Group.
Offering a range of contracting, Design and Build and partnering services, Metnor Construction is headed by managing director Chris Cant – who joined the company in 2004 – and has delivered more than £350 million worth of management works over the past 15 years.
It also recently achieved recognition at the prestigious 2017 Constructing Excellence Awards (CENE) for outstanding economic growth, having doubled its turnover from £35 million to £60 million between 2015 and 2016.
In addition, Metnor Construction Ltd was named the Northumberland and Tyneside Company of the Year at the latest North East Business Awards – adding to its winning ways.
The Metnor Group (originally known as Metalising Northern) was established in 1960 and initially operated in the shipbuilding industry.
Over the years, the group expanded its services and by 2005, its core business had transformed into more property-related activities including construction, building services and property development.
In 2006, the decision was made to exit the metal galvanizing industry – which had been the backbone of the group’s activities since the 1980s.
Metnor Group concluded the successful disposal of its galvanizing operations in a trade sale and the proceeds from the disposal were invested in a number of strategic development sites which were primarily focused on the growing care home and student accommodation sectors.
Despite the economic downturn of the 2008 recesion – that dramatically impacted the construction industry – Metnor Construction developed care home sites in Chelmsford, Poole, Crowborough and Leeds between 2010-2013. These sites were initially retained by Metnor and rented to large care home operators, before being sold on as investments as the market recovered.
Around the same time, the construction company began development on two sites on the outskirts of Newcastle city centre. Both student accommodation projects took several years to assemble, with Metnor Construction Ltd building the accommodation, Norstead providing the mechanical and electrical fit-out services and Metnor Property Group arranging the appropriate leases with Newcastle University and Northumbria University, to occupy the buildings.
Expansion at Metnor Construction Ltd over the last few years has been rapid, and in 2016, the company saw turnover almost double compared to the previous year.
In addition, the company has attracted some of the region’s top construction professionals – raising staff levels from 29 to more than 50, within two years.
One of the factors for this growth has been Mentor Construction Ltd’s openness to innovative new ways of working. Construction as an industry is typically slow to adapt to new technologies and practices but Metnor has invested into business development and marketing, along with new technologies, particularly within the bid process, which has led to a revitalised approach to tendering, including a reinforced brand identity, promoting the values of ‘innovation, efficiency and reliability’ throughout all points of client contact.
Metnor Construction Ltd has also focused on maintaining and improving quality procedures and has appointed a dedicated aftercare manager who is tasked with continuously monitoring its customer’s satisfaction levels to ensuring the company is providing the best possible service.
Metnor Group, as a whole, recognises it has had to change with the times and today’s group bears little resemblance to the original business set up in the 1960s. It currently has four main operating divisions: construction, mechanical and electrical contracting, property development and the supply of pressure testing equipment to the oil and gas industry.
These four businesses have served Metnor Group well over the last decade but new opportunities will continue to be sought and diversification (of both risk and opportunity) will continue to be at the forefront of future thinking.
Download the full feature: