Catering installer Shine's winning at Wembley Stadium. Check it out:
(Western Mail Via Thomson Dialog NewsEdge) A family-run niche catering installation venture has further expansion on its menu after winning a lucrative pounds 8m contract for the new Wembley Stadium. Shine Food Machinery of Newport is acknowledged as a market leader in its sector. It was established in 1979 by John Shine, and while remaining the largest shareholder and chairman of the company, his two sons - Julian, the managing director, and Jonathan, operations director - are now the main driving forces.
The Wembley contract was secured with the financial assistance of Finance Wales, the organisation created by the Welsh Assembly Government to provide commercial funding to Welsh businesses.
Julian said, 'Securing the Wembley contract required a totally different business model. Because of the scale of this contract, outsourcing was inevitable as the manufacturing of the essential equipment would have been detrimental to the continued growth of our established core business.
'Our marketing analysis has resulted in a product and service ideally suited to the blue-chip private sector in addition to the public sector, as we specialise in the production of highly-engineered, bespoke, fabricated food systems suitable for the markets where the primary concern is the lifecycle cost of the installation.
'Shine's advanced design and manufacturing systems has resulted in reliable, high-quality food service counters, kitchen ventilation systems, service distribution units and general catering, construction and architectural fabrication.
'Over the last few years, despite a flat construction industry, Shine has produced strong and sustainable growth which has elevated us to the number one position in our market.'
Andrew Davies, the Minister for Enterprise, Innovation and Networks, congratulated the firm on its latest contract win. Mr Davies said, 'It is gratifying to see a Welsh company such as Shine securing such a high-profile contract. The new Wembley Stadium will, like Wales' own Millennium Stadium, be a sporting icon on the world stage and Shine highlights how Welsh companies can compete for prestigious contracts.
'It also highlights how Finance Wales, established by the Welsh Assembly Government, is helping Welsh businesses to thrive through targeted investment.'
Nick Larcombe, senior investment executive for Finance Wales, believes the management team of Shine has developed and exploited a niche market position.
'Shine has become acknowledged nationally as a market leader that is innovative and committed to the highest levels of quality throughout all aspects of company performance. And the recognition of this capability by end users such as design consultants, architects and construction contractors has enabled Shine to secure the Wembley contract.' Some of the recent larger contracts completed by Shine include the Celtic Manor Resort in Newport, Tag McClaren and a Royal Navy destroyer.
Copyright 2006 . Western Mail & Echo Ltd
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