Paralloy Group Strengthens Global Growth with French Acquisition and Major Teesside Expansion.

Paralloy Group is continuing its ambitious growth strategy with major international investment and regional expansion projects designed to strengthen its position within the global energy and industrial sectors.

The Teesside engineering and manufacturing specialist has recently completed the acquisition of French foundry, Fonderies Hachette & Driout in partnership with Framatome. The newly formed operation will now trade as Firth Vickers France, marking a significant milestone in Paralloy Group’s continued international growth, and commitment to deliver world-class stainless steel and nickel components and end-to-end manufacturing services.

The acquisition further enhances Paralloy Group’s expertise and manufacturing footprint within Europe, creating new opportunities to support customers operating in nuclear, defence, energy and industrial sectors. The partnership with Framatome also reinforces the companies long term commitment to innovation, technical excellence and supply chain commitment within critical global industries. 

Alongside its international expansion, Paralloy Group is also investing heavily in the North East with the continued development of its TeesAmp facility on Teesside. The expansion will deliver significant additional fabrication and CNC machining capacities to meet increasing demand from the rapidly growing energy sector.

The investment represents another major vote of confidence in Teesside’s industrial future and will create a number of highly skilled new jobs within the region across Engineering, CNC Machining, Welding and Assembly.

The expanded TeesAmp operation will allow Paralloy Group to further strengthen its ability to deliver large-scale, complex manufacturing solutions supporting both UK industry and international export opportunities. 

Rob McGowen CEO, Paralloy Group said: 

“ This is an incredibly exciting period for Paralloy Group in a very tough market, but we continue to expand both internationally and here at home on Teesside. The acquisition in France alongside our investment into TeesAmp, demonstrates our commitment to long-term growth, advanced manufacturing and supporting the future of the global energy market”

“ Teesside has always been the heart of our business and this latest expansion will not only strengthen our capabilities but also create valuable skilled employment opportunities within the region” 

The latest developments further cement Paralloy Group’s reputation within the industry as a leading global experts within engineering and advanced manufacturing sectors. Discover all career opportunities and be part of our growing team at the TeesAmp facility in Middlesbrough by visiting our careers page.