The Keystone Group has unveiled an ambitious investment plan as it aims to increase its turnover to £100 million.
The announcement has been made by the company following its recent inclusion in this year’s Parliamentary Review. After more than doubling its workforce over the last three years, The Keystone Group was singled out for praise by the Chancellor of the Exchequer, the Rt Hon Philip Hammond MP. Building on this achievement, the company is preparing for more rapid growth through innovation, with ambitious expansion plans for 2017.
Over the next 12 months, one of the Group’s premier brands, Keylite Roof Windows, will continue to strengthen and develop its presence in Germany, launch into the French marketplace and has plans for a new manufacturing facility.
The Keystone Group consists of six divisions; Keystone Lintels, IG Lintels, Keylite Roof Windows, IG Elements, IG Masonry Support Systems and Smartroof. The company has also recently entered into a strategic partnership with roof truss manufacturer, Wyckham Blackwell.
The Group was one of only six construction and engineering companies to be highlighted in the Parliamentary Review and the only steel lintel manufacturer and roof window manufacturer. The Review provides a comprehensive summary of the past year and a reliable template for the next 12 months to come with commentary from industry leading companies, Secretaries of State, Ministers and MPs.
Special recognition was earned for The Keystone Group following its high performance in a challenging market. Despite a stop-start year for the industry, Keystone’s continued growth has outperformed the sector, with year-to-date sales up in excess of 20%, compared to 2015.
In the Review, the company was commended for its pioneering approach to addressing the major challenges facing the UK construction market, such as skilled labour shortages. The Group was also applauded for its recent innovations, which have been developed to meet the stringent regulation challenges faced by housebuilders.
Recent product launches include the advanced Smartroof, an insulated room in roof panel system – a thermally advanced solution, which can be installed in just one day. Keystone is also the first lintel manufacturer to develop a one-piece lintel which addresses thermal bridging in buildings. The patented Hi-therm lintel range helps builders to meet current and future building regulations.
Sean Coyle, Chairman of The Keystone Group commented: “Since we set the company up in 1989, making one product with a handful of staff, it’s been an incredible experience to see it grow to the level we have reached today. Despite the current economic climate, we believe the opportunities to compete in Europe are considerable and the opportunity to gain market share in the UK offers the prospect of extremely significant sales growth.”
The Keystone Group is headquartered in Swadlincote, South Derbyshire with further manufacturing plants in Cookstown (N. Ireland), Cwmbran, Overseal and Poland.