A leading national engineering firm headquartered in Kings Norton has begun the New Year with a bang, announcing that it will create 500 new jobs by 2020, doubling its staff in five years.
Providing total engineering solutions to clients including a number of major global clients with significant operations in the UK and Ireland, adi Group has a history of exponential growth, and says it is now on track to generate major employment opportunities within the next five years.
Founded as a single business offering by chief executive Alan Lusty in 1990, the Group has quadrupled in size since 2005, and today boasts a turnover of £80milionand450employees. It has seen geographic expansion across the UK, now with a total of 12 operations.
Underpinned by its ongoing strategy of adding a new business, division or market sector to the Group every 12-18 months and ensuring that 85 per cent of its engineering projects are delivered using their own employees, adi plans to maximise profitability and fuel a sharp increase in personnel.
With current clients based in the aerospace, automotive, defence, food and drink, manufacturing, petrochemicals and pharmaceutical sectors, plans also include ongoing investment in new services, with a major launch into the packaging sector expected later this year.
As the majority of the Groups employees are based at client sites, growth will see further expansion into its customer base, strengthening the partnership approach it has honed over its 25 year history.
Alan Lusty, chief executive officer at adi Group, commented: While still a challenge for many, a number of the markets that we service have seen steady growth in capital investment over recent years, and we expect that trend to continue.
At the same time however, our clients are under increased pressure to deliver cost reductions, which can be realised in part through our self-delivery model. By delivering our services in-house, we can be confident in the quality of our offering as well as our ability to manage tightly and provide streamlined communication channels to our customers. Consequently, we are able to pass on these efficiency and cost savings to our customers.
Equally important is a trend among blue chip companies in the UK and Ireland to steadily reduce the size of their supplier lists through the introduction of increasingly stringent criteria, with a particular focus on encouraging a sustainable supply chain. Our recent Gold accreditation under the EcoVadis platform which is a pre-requisite for global leaders like Coca-Cola Enterprises, Nestlé and Akzo-Nobel sets us apart from our competitors.
Meanwhile, our commitment to launch one new business or division every 12 to 18 months means we have a roadmap for continuing to grow the Groups offering, allowing us to tap into new market sectors and customer bases while showcasing our ability to provide turnkey solutions.
Lusty added: Now, our job will be to continue to support the development of the next generation talent, working with Government, local authorities and our education partners to enthuse and inspire the young engineers of tomorrow and our recruits of the future.