Aycliffe Today Business #10 | Page 24

24 | Aycliffe Today Business AYCLIFFE ENGINEERS CELEBRATE 20-YEAR MILESTONE By Martin Walker A Newton Aycliffe engineering company that survived a “withering” recession is celebrating its 20th anniversary as company bosses breathe a sigh of relief. ALM Solutions boss Tony Thompson started the company on 6th June 1994, based at a small unit in South Church, near Bishop Auckland. a difficult period in terms of growth, when we had to employ more people and you go from a small family firm to bringing managers into the business. A few years later he doubled the size of his premises when he moved to a 5,000 sq ft unit in Spennymoor before moving into his current 11,000 sq ft factory on Grindon Way, Aycliffe Business Park, in November 1999. “But then the withering recession hit and it wiped out about 40% of the business overnight. At its peak, ALM was employing 48 people as business boomed before the recession hit in 2008 and the company lost a “ridiculous amount of cash” . “So we’ve seen all sides of it. Hopefully now we’re starting to come out of the back end of the recession. We’ve got good growth and a good order book now, and we’re back in recruitment mode. ” Staff numbers tumbled to 26 at its lowest ebb, but after diversifying into oil and gas sectors, ALM has gradually recovered. Work has picked up, investments have been made and the number of employees are back up to 34. Tony admits he wasn’t sure if the firm would see its 20th birthday. “It was a pretty bleak time, he said. ” “But now we’re coming up 20 and, when you look back over the last few years, it’s an achievement we’re very proud of. “The first five years was easy. We were in a bit of a niche market and grew quite rapidly. Years five to 10 was “We diversified into the precision engineering market and that brought with it its own skill demands. Many employees have stuck with ALM through thick-and-thin. Machinist John Lyons has been with the company since it started 20 years ago. Other longstanding members of staff include David Steele and Alan Lamb (17 years), Paul Fowler (16 years), Alan Smith (15 years), Barbara Lamb (12 years) and Chris Pollitt (10 years), while four other employees have been with them for nine years. “You forget how much you grow as a business and the people grow with you, says Tony. ”