Derby engineering company finds its bearings as turnover is propelled past £1m mark for first time

A DERBY engineering company has found its bearings having doubled its workforce and achieved turnover of £1 million for the first time.

Exalto, which manufactures bearings for the marine and pump industries, had eight employees on short-time working in 2008.

Three years later and the Dutch-owned firm's workforce is now up to 17, it is investing in more machinery and starting to grow out of its Shaftsbury Street premises.

It has hit a seven-figure turnover three years ahead of its business plan... read more

This is Derbyshire
Dec 11