Masterton is on course to turn over of £16m in 2012, up from £10m in 2011. It is projecting £25m turnover in 2013.
The contractor recently restructured and brought in a new managing director, Steve Forster from Keltbray. It also created 12 new managerial positions to target specialist sectors such as city centre and international demolition.
Masterton has also invested £1m in new plant.
Current contracts include the demolition of four redundant oil storage tanks for long-standing client and neighbour Ineos Grangemouth.
Other new contracts include a £1.3m asbestos removal project for Ineos ChlorVinyls at Runcorn and a £600,000 contract to remove asbestos from Rolls Royce’s aeroplane engine factory in East Kilbride.
Drinks company Diageo has appointed Masterton to dismantle racking and strip asbestos at a whisky warehouse in Menstrie, Clackmannanshire.
Masterton’s expansion was supported with a move to a new 16-acre site in Grangemouth earlier this year. The new purpose-built headquarters, pictured below, is home to more than 30 staff, including 20 Masterton employees plus 12 from parent company Blackwell. Masterton has a further 80 staff in the field.
Meanwhile to meet demand from overseas clients, Masterton has set up Blackwell Masterton International (BMI).
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