TWO entrepreneurs determined to use their industrial motors expertise to set up their own business have seen their start-up company expand more than four times in 18 months.
Paul Worthy, 36, and Neil Waddington, 32, worked in the Tees Valley for a Midlands company, but were so keen to put their ideas into practice they set up Industrial Motors and Gears at UK Steel Enterprise's Innovation Centre at Kirkleatham Industrial Park, on Teesside.
The company repairs and supplies industrial gearboxes and electric motors for conveyors, cooling towers and agitators.
Customers come from across the North-East and include Dupont SA, Tarmac, British Alcan and a number of major food companies. A recent £100,000 order for electric motors came from McQuay International, of Cramlington, Northumberland.
To meet demand, the workforce has grown to four full-time staff and three casual employees. The company now occupies one of the largest units available at the centre.
"We really wanted to develop a business in our own way and felt there was a lot of potential in this market," said Mr Worthy.
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