Goodwin plc

Last updated

Goodwin plc
Company type Public limited company
LSE:  GDWN
IndustryEngineering
Founded1883
FounderRalph Goodwin
Headquarters,
England, UK
Key people
T. J. W. Goodwin (Chairman)
M. S. Goodwin (Managing Director, Mechanical Engineering)
S. R. Goodwin (Managing Director, Refractory Engineering)
Products Machined steel castings
ServicesBespoke heavy engineering
RevenueIncrease2.svg £185.7 million (2023) [1]
Increase2.svg £20.3 million (2023) [1]
Increase2.svg £16.5 million (2023) [1]
Website www.goodwin.co.uk

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.

Contents

History

Pouring molten charge from the furnace into the ladle Filling the ladle.jpg
Pouring molten charge from the furnace into the ladle

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:

Tsing Ma Bridge - Hong Kong Tsing Ma Bridge.jpg
Tsing Ma Bridge – Hong Kong

Bridges

Pelamis Wave Energy Converter Pelamis bursts out of a wave.JPG
Pelamis Wave Energy Converter

Structural/Architectural

Power Generation (including Nuclear)

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References

  1. 1 2 3 "Annual Report 2023" (PDF). Goodwin plc. Retrieved 3 July 2024.
  2. 1 2 "UK engineering firm Goodwin is unintended victim of FSA clampdown". The Guardian. 4 October 2012. Retrieved 3 July 2024.
  3. "Goodwin Steel Castings – Profile". Archived from the original on 10 October 2011. Retrieved 23 June 2011.
  4. "Goodwin Steel Castings – Approvals". Archived from the original on 25 March 2012. Retrieved 23 June 2011.
  5. "Queen's Award for International Trade: Winners' List" (PDF). Gov.uk. 2011. p. 21. Archived from the original (PDF) on 20 July 2011.
  6. "Stoke-on-Trent business Goodwin wins Norway bridge contract". 11 January 2010. Archived from the original on 23 December 2012.
  7. "San Francisco – Oakland Bay Bridge" (PDF). ASQ. Archived from the original (PDF) on 7 March 2012.
  8. 1 2 "Goodwin Steel Castings". Inside Manufacturing Enterprise. Archived from the original on 21 November 2008.
  9. "Goodwin Steel Castings – Bridges". Archived from the original on 25 March 2012. Retrieved 23 June 2011.
  10. "Goodwin Steel Castings – Structural". Archived from the original on 25 March 2012. Retrieved 23 June 2011.
  11. "Creative casting The Bronze Age process of casting now incorporates computer simulation to ensure that it is right the first time". Architects' Journal. 30 September 1999. Retrieved 3 July 2024.
  12. "Paddington Station Phase 1 Masterplan, London". Steel Construction. Archived from the original on 26 July 2011.
  13. "Goodwin Steel Castings – Renewable". Archived from the original on 25 March 2012. Retrieved 23 June 2011.
  14. "The Mapping of Materials Supply Chains in the UK's Power Generation Sector" (PDF). Materials UK. 1 December 2007. p. 28. Retrieved 3 July 2024.
  15. "Site Report for Sellafield; West Cumbria Sites Stakeholder Group (WCSSG)" (PDF). Office for Nuclear Regulation (ONR). 31 March 2022. p. 21. Retrieved 3 July 2024.