Goodwin plc explained

Goodwin plc
Type:Public limited company
Foundation:1883
Founder:Ralph Goodwin
Location City:Stoke on Trent
Location Country:England, UK
Key People:T. J. W. Goodwin (Chairman)
M. S. Goodwin (Managing Director, Mechanical Engineering)
S. R. Goodwin (Managing Director, Refractory Engineering)
Industry:Engineering
Products:Machined steel castings
Services:Bespoke heavy engineering
Revenue: £185.7 million (2023)[1]
Operating Income: £20.3 million (2023)
Net Income: £16.5 million (2023)

Goodwin plc is a heavy engineering firm located in Stoke-on-Trent, Staffordshire, England. The company, which specialises in the supply and fabrication of castings, is listed on the London Stock Exchange. It is a constituent of the FTSE 250 Index.

History

The company was founded by Ralph Goodwin as a supplier and fabricator of machined castings in Stoke-on-Trent in 1883. It established a foundry as well as a fabrication plant. The fabrication plant carried out machining, fabrication and assembly work on the castings produced by the foundry. The company was first listed on the London Stock Exchange in 1958,[2] and it remains one of the 10 oldest companies listed there.[3]

In 1984, Goodwins became the first steel foundry in the world to be awarded accreditation by the British Standards Institution to BS5750 (now ISO9001) for casting production.[4] In 2006 the company was awarded the Queen's Award for International Trade.[5]

The company was criticised in 2012 for its failure to comply with the requirements of the Financial Services Authority that it have non-executive directors on the board.[2]

Applications

Goodwin castings are used in a variety of projects. Some of the more high-profile projects are listed below:

Bridges

Structural/Architectural

Power Generation (including Nuclear)

External links

Notes and References

  1. Web site: Annual Report 2023. Goodwin plc. 3 July 2024.
  2. News: UK engineering firm Goodwin is unintended victim of FSA clampdown. 4 October 2012. The Guardian. 3 July 2024.
  3. Web site: Goodwin Steel Castings – Profile . 23 June 2011 . https://web.archive.org/web/20111010005655/http://www.goodwinsteelcastings.com/goodwin.html . 10 October 2011 . dead .
  4. Web site: Goodwin Steel Castings – Approvals . 23 June 2011 . https://web.archive.org/web/20120325192443/http://www.goodwinsteelcastings.com/approvals.html . 25 March 2012 . dead .
  5. Web site: Queen's Award for International Trade: Winners' List. 21. Gov.uk. 2011. https://web.archive.org/web/20110720080711/https://online.businesslink.gov.uk/Growth_and_Innovation_files/QA_Winners_International_Trade.pdf. 20 July 2011.
  6. Web site: Stoke-on-Trent business Goodwin wins Norway bridge contract. 11 January 2010. https://archive.today/20121223232211/http://www.thisisstaffordshire.co.uk/news/Engineers-bridge-gap-clinch-163-8m-parts-order/article-1692202-detail/article.html. 23 December 2012.
  7. Web site: San Francisco – Oakland Bay Bridge. ASQ. https://web.archive.org/web/20120307115050/http://asq.org/ee/2008/06/san-francisco-oakland-bay-bridge-project-qa.pdf . 7 March 2012 .
  8. Web site: Goodwin Steel Castings. Inside Manufacturing Enterprise. https://web.archive.org/web/20081121044418/http://www.ime-wm.co.uk/pages/education/host_list/letter/G/ . 21 November 2008 .
  9. Web site: Goodwin Steel Castings – Bridges . 23 June 2011 . https://web.archive.org/web/20120325192516/http://www.goodwinsteelcastings.com/bridges.html . 25 March 2012 . dead .
  10. Web site: Goodwin Steel Castings – Structural . 23 June 2011 . https://web.archive.org/web/20120325192522/http://www.goodwinsteelcastings.com/structural.html . 25 March 2012 . dead .
  11. Web site: Creative casting The Bronze Age process of casting now incorporates computer simulation to ensure that it is right the first time. 30 September 1999. Architects' Journal. 3 July 2024.
  12. Web site: Paddington Station Phase 1 Masterplan, London. Steel Construction. https://web.archive.org/web/20110726045627/http://www.steelconstruction.org/resources/design-awards/2000/commendation/paddington-station-phase-1-masterplan-london.html . 26 July 2011 .
  13. Web site: Goodwin Steel Castings – Renewable . 23 June 2011 . https://web.archive.org/web/20120325192529/http://www.goodwinsteelcastings.com/renewables.html . 25 March 2012 . dead .
  14. Web site: The Mapping of Materials Supply Chains in the UK's Power Generation Sector. Materials UK. 1 December 2007 . 28. 3 July 2024.
  15. Web site: Site Report for Sellafield; West Cumbria Sites Stakeholder Group (WCSSG). Office for Nuclear Regulation (ONR). 31 March 2022. 21. 3 July 2024.

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