1997 – 2006
Late in 1996 with the bridging business sold to a competitor Fred Ellis and John Huggins – 2 of the bridging company directors - bought the sub-contract division and in just 12 months had increased its turnover by 50% and the company was on its way to becoming the number one steel fabrication supplier to the UK’s earthmoving and construction equipment manufacturers.
The 1999 acquisition of Lloyds UK, a specialist sheet metal fabricator in Rugby, helped firmly establish Storeys in another high profile manufacturing sector and also brought in several new customers. The company was now twice its 1996 size.
2000 saw the addition of Walton Fabrications – an old Midlands engineering company which was under threat of closure - and a further doubling in size making the Group one of the largest privately owned component manufacturers in the UK.
Aggressive capital expenditure programmes during the next four years brought in laser profiling centres at both Stockport and Rugby plants as well as larger CNC press brakes, robot welders and state of the art painting and powder coating facilities.
By the end of 2004 Thos Storey Group had enjoyed 8 years of unbroken growth.
Gained IiP status in 2004
In 2005, following the loss of a major contract, the decision was taken to close the Walton Fabrications factory in Wolverhampton and move the remaining work to Stockport.
Gained A4YP status in 2005