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Latest News Innovative New Business Model Drives Growth and Prosperity

December 16th 2013

Square One Law talks to Brian Palmer about the challenges of growing Tharsus.

Innovative New Business Model Drives Growth and Prosperity

Ref: Square One Law -December 2013

The Blyth-based Tharsus Group has certainly come a long way in the last 16 years with Brian Palmer at the helm. It started life as a conventional “metal bashing” company, then diversified into various market sectors, acquiring businesses along the way and now its main area for future growth is specialising in an innovative business model known as Original Equipment Design and Manufacture (OEDM) more…

  • 42% turnover in exports and exporting to 11 different countries
  • 100,000 sqft of manufacturing facilities
  • 1 in 10 employees is an apprentice
  • 20% annual growth year on year for last 10 years
  • 6% turnover spent on research and development
  • Winner of SME Manufacturer of the Year Award 2012
  • Winner of Cranfield Best Factory Award 2013
  • Brian Palmer named winner of “Investor Director of the Year, 2013” by the  IOD

 

 

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