Sunderland crushing equipment manufacturer expands workforce following mining buyout
A Sunderland-based crushing equipment manufacturer has expanded its workforce following a management buy out of Komatsu Mining’s Sunderland manufacturing operation in August 2021.
SE-TEK, which operates from a 200,000 sq ft manufacturing facility in the city, has recruited more than 20 people, taking its headcount to more than 100.
It has also engaged with the government’s Kickstarter scheme with an additional 20 young people joining the business shortly.
Giles Richell, CEO of SE-TEK, said: “In the short time since we completed the MBO the pace of the business has been exceptionally positive with support from existing customers and suppliers, potential clients and, of course, our growing workforce that is enjoying being part of this new journey.
“We have a real opportunity to deliver strong growth and expand the business further.
“One of the main challenges has been transferring over all of the business’ back-office functions, such as payroll, accounts payable and receivables, credit control, IT support from Komatsu, thus enabling us to be in a position where we can stand on our own two feet.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model