
Scottish business which worked on Liverpool FC's Anfield eyes growth
Accounts filed with Companies House last July show the turnover of J&D Pierce Contracts was £103.8 million in the year to December 31, 2023.
In recent years, J&D Pierce has supplied structural steel for high-profile construction projects across the UK, including at the Formula One racetrack at Silverstone as well as Anfield. It has also worked on the redevelopment of Edinburgh Haymarket and Dundee railway stations, as well as on the Queen Street project.
The business, which employs 540 people across five sites, noted it is currently providing steel structures for 'a range of blue-chip clients' across the UK and Europe.
It observed that the village of Glengarnock 'was famed for its steelworks which operated from 1840 to 1985'.
J&D Pierce has recently opened a dedicated shotblast and paint plant in Bellshill, and also has a specialist bridge manufacturing facility in East Kilbride, as well as offices in Durham and Scarborough.
The Bellshill operation is the former Clydesdale Tube Works, and required around £13m of investment to transform the one-third-of-a-mile-long building into what J&D Pierce describes as 'one of the biggest paint facilities in Europe'.
J&D Pierce sources supplies from British Steel as well as 'electric arc-furnaced' steel from Europe.
It processes around 1,000 tonnes of steel per week. The firm flagged a growing demand for more sustainable materials.
Managing director Derek Pierce said the cyclical nature of different UK industries has provided opportunities throughout the history of the business, and will continue to do so.
Read more
He said: 'We've always been able to adapt and cater for a wide range of industries depending on where there is investment and growth. Sectors come and go in phases, and the nature of our highly specialised products means we've been able to grow with the times. In the early 2000s, we saw real growth in retail, supermarkets and distribution centres.
'Then, the investment in Scotland's education estate meant we were supplying structures for new schools across the country.'
Mr Pierce added: 'The investment going into the UK's renewable energy industry is one opportunity for the whole construction sector, in the critical infrastructure such as converter stations as well as the development which will be needed to service that industry such as new factories, offices and the social requirements such as new homes and healthcare.'
J&D Pierce noted the business was started in 1975 by Derek Pierce's father, Jim, who 'found himself out of work and started with a week's dole money from a small workshop attached to the family home, supplying gates and railings to local houses'.
Derek Pierce left school in 1982 and started working with his father while completing his apprenticeship as a fabricator welder. In 1986, they took on their first employee, Alex Rose, who is still with the business and runs the Skills Development Academy and all in-house training and development.
In the late 1980s, the business won a contract to supply a metalwork package as part of a major regeneration project for local authority housing.
J&D Pierce's main production facility in Glengarnock, at the former Glengarnock Steelworks site, now employs more than 200 staff.
Turnover grew steadily during the 1990s and 2000s.
In the early 2000s, the company was chosen to provide the structural steel for Blackpool Football Club's new Bloomfield Road stadium.
J&D Pierce opened its own training academy in 2012, and employs 60 modern apprentices.
Derek Pierce said Storskogen's acquisition of a majority stake in the business in 2022 has enabled J&D Pierce to 'invest in growth, while retaining its family culture'.
His two sons, Jamie and Fraser, work in the business, having completed their fabrication and welding apprenticeships.
J&D Pierce said: 'They went on to steel erecting and site management, understanding every aspect of the business and now both fill significant roles within the company.'
Derek Pierce said: 'Our owners recognised that we know every inch of our business inside and out. They trust us to run the company and seek out the opportunities which we think will benefit us most. The partnership has also opened doors in Europe and with main contractors.
'At the same time, J&D Pierce is still very much a family business in look and feel. We have many people who have been with us for all of their careers. As one of the largest employers in North Ayrshire, it's important we retain that culture, and grow our own skills and talent. Attracting and retaining good people is as challenging in our industry as any other, so fostering a family culture alongside providing valuable training opportunities and long-term careers is absolutely vital for us.'

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Independent
3 days ago
- The Independent
Rachel Reeves cannot afford to lose any more non-doms
Rachel Reeves is to water down plans scrapping her non-dom tax rules amid concerns about the number of wealthy individuals deserting the UK. It must be true, because it's being repeated everywhere – complete with a bland, non-denial from the Treasury: 'The government will continue to work with stakeholders to ensure the new regime is internationally competitive and continues to focus on attracting the best talent and investment in the UK.' A key item under discussion is said to be the proposal to make non-doms' worldwide assets liable to inheritance tax, or IHT, including those held in foreign trusts. There is no doubt many rich people have gone. One analysis by Bloomberg puts the number of company directors who have left at 4,400 in the past year. Examination of Companies House filings shows departures were 75 per cent higher in April than in the same month last year. The worst affected sectors were finance, insurance and property, all of them popular with non-doms. In the most expensive areas of London, stories abound of shuttered mansions, and a knock-on effect across restaurants, hair and beauty salons, car firms and all the other ancillary services. The UK, once a favoured magnet for the world's billionaires and multi-millionaires, has fallen off its perch. A recent Oxford Economics survey found that 60 per cent of tax advisers expect more than 40 per cent of their non-dom clients to leave within two years of Reeves ending their beneficial status. With them will go their families, close staff – and their money. It was the latter that made previous governments, including Labour, seek to attract them in the first place. If they base themselves in Britain, they are more likely to spend and to invest here. That is why other nations are doing their level best to woo them. It's what the Treasury means when it refers to the new regime being 'internationally competitive'. What is bizarre and shaming is that this administration did not see it coming. Seemingly, ministers did not realise that non-doms would quit. They did not appreciate that, in today's world, rich people can move freely and easily and work from anywhere. Either they are guilty of extraordinary unworldliness, deluding themselves that wealthy foreigners would carry on living in the UK merely because they like it here – ignoring the effect on their finances; or they simply did not care, and allowed political ideology to prevail. Whatever the answer, they are now engaged in the sort of reversal and damage limitation exercise which is becoming all too familiar where this government is concerned. The question now is: will it be enough? Already, South Africa's richest self-made woman Magda Wierzycka, the billionaire behind UK venture capital fund Braavos, has stated she will shelve plans to leave should the chancellor U-turn on IHT: 'I would absolutely stay and it's not about protecting my money from the tax man. I pay all my taxes, but South Africa has foreign exchange controls and I don't know whether [my estate] would be able to pay the IHT bill under the current rules.' Whether others are so persuaded, and if Reeves does pull back entirely on IHT, remains to be seen. The problem for her and for Keir Starmer is that the tone has been set. Even if they do climb down, the feeling persists that this iteration of Labour (as opposed to that of Tony Blair, which famously declared it was 'intensely relaxed about people getting filthy rich') cannot abide well-off people. The purging of the non-doms followed a pattern. It joined VAT on private schools, the removal of the winter fuel allowance, hitting farmers with their own new IHT bills, and other measures, aimed at the more advantaged end of society. They can afford it, appeared to be Downing Street 's view. That will be hard to shake-off. The hope must be that the attractions of the UK will weigh heavily and the non-doms will not exit and some, many even, will return. Starmer and Reeves, having set their calamitous course, have much work still to do.


Reuters
3 days ago
- Reuters
Canadian Grand Prix to stay on F1 calendar through 2035
June 17 (Reuters) - The Canadian Grand Prix in Montreal will stay on the calendar through 2035 after agreeing a four-year extension to the existing deal, Formula One said on Tuesday. The contract renewal also includes a long-term extension to Bell Media's media rights deal, the Liberty Media-owned sport added. Last weekend's grand prix at the Circuit Gilles Villeneuve was the 54th edition since the race first featured in the championship in 1967. The Montreal track, named after the late Ferrari great and father of 1997 world champion Jacques, became the permanent host in 1978. "I would like to thank the promoter, Octane Racing Group, for their continued efforts in upgrading this iconic venue in recent years, and all local, regional, and national political stakeholders who have worked closely together to make this event what it is today," said F1 chief executive Stefano Domenicali. The race's previous contract extension was to 2029 but two of those years (2020 and 2021) were during the COVID-19 pandemic when Formula One did not visit and the deal was extended to 2031. Next year's race will be held earlier than previously with a new May 24 slot after switching with Monaco and aligning more closely with Miami.


Reuters
4 days ago
- Reuters
Thai cabinet approves $1.2 bln bid to host Formula 1 race in 2028
BANGKOK, June 17 (Reuters) - Thailand's cabinet has approved a $1.2 billion bid to host a Formula One street race in its capital Bangkok in 2028, government officials said on Tuesday. If successful, the Thai capital would win a contract to host a race each year from 2028 to 2032, government spokesperson Jirayu Houngsub told a news conference. "In the next 2-3 years, Thailand will have world-class competition, which we never thought would actually happen in Thailand," Jirayu said. Tourism Minister Sorawong Thienthong told reporters the bid is worth about 40 billion baht ($1.23 billion). In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula One chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028. Hosting the race will help promote tourism, a key driver of Thailand's economy, the government has said. Formula One already has a crowded schedule of 24 races around the world with four in the Asia-Pacific region, including the Singapore Grand Prix in Southeast Asia. Thailand has an FIA-accredited track in Buriram in the northeast of the country, which currently hosts a round of the MotoGP motorcycling world championships, but the proposal is for a street race in the kingdom's capital. ($1 = 32.52 baht)