Ainscough Industrial Group launches new electrical business
UK industrial installation contractor, the Ainscough Industrial Group (AIG) has launched a new business, AIG Electrical, to deliver industrial electrical services to customers in the UK.
The launch adds a sixth brand to the north-west headquartered group, which has grown rapidly in recent years, having almost doubled its turnover from £15 million in 2011/12 to £28m in 2013/14. AIG is on target to hit sales of £40 million in the current financial year.
As well as supporting the group’s existing customers, which include Balfour Beatty, Tata Steel, Associated British Ports and Glaxo Smith Kline, the company will also target growth by bringing new relationships to AIG.
AIG Electrical will provide a comprehensive range of industrial electrical contracting services including complete factory fit-outs, switchgear and control panel manufacture and installation, production-line installation and upgrades, as well as any testing and maintenance services.
The business is currently fitting out its new 2500sq ft premises in Bridgend, South Wales, which will provide a base for mobile teams of engineers. A second base in the North East is also planned to support delivery of services across the UK.
AIG aims to grow the new business in line with its corporate growth strategy over the next three years.
Heading the business will be new operations Director Alun Lane, who has 30 years’ experience as an electrical engineer and has been with AIG for more than 10 years, latterly as contracts director at the group’s installation specialist business, AIG Vanguard.
The launch follows a restructuring and re-brand in April 2014 that saw the business organised into four new brands – AIG Projects, AIG Vanguard, AIG Engineering Services and AIG Offshore Renewables. A fifth business, AIG Seward Wyon, was also added to the group with the acquisition of a Bath-based engineering and design consultancy.
The five existing units handle large-scale and complex projects, standard machinery movement and installation, pipework fabrication, wind-power project support and industrial installations respectively.
Matt Ainscough, group managing director at AIG said, “A dedicated electrical business was a missing piece in the jigsaw for AIG when it comes to industrial re-locations, upgrades and fit-outs, and the launch of AIG Electrical means we now offer a truly end-to-end turnkey service.
“Up to this point, we have often needed to use external contractors to meet the more complex electrical requirements of projects, but the new business will allow us to carry out every aspect of a job in-house.”
Alun Lane, operations director at AIG Electrical said, “The opportunity for us to offer a more joined-up service to our customers by launching a dedicated electrical business has become increasingly clear in recent years, and we believe the investment we are making will improve the service we deliver to our existing customers, bring in new clients and, ultimately, allow us to grow.
“We are recruiting for the new business, both from other divisions of AIG and externally, and we will continue to increase our headcount as we look to grow the business rapidly in the years ahead.”