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Premier Forest Group the Newport based wood and wood based materials supplier is about to increase it’s turnover reaching the £100m mark thanks to acquisitions and rising demand. Premier makes and sells products including plywood sheets, wood panels and chipboard that are often used by the construction industry.
The company is on course for earnings before tax of £3.5m on sales of £96m in the year to April 2015, up from £76.7m the year before, putting it in reach of £100m sales this calendar year.
In December 2014 the company purchased the sawmilling division of Welsh-based Border Group. The sawmilling division is made up of two trading companies: GTP Border Forest which sells solid wood products and Border Forest Product.
Premier was established in 1993, when founding directors Dilwyn Howells, Nigel Williams and Terry Edgell, recognised there was a need for an independent importer of timber and timber-based products based in Wales. The company has enjoyed phenomenal growth since its inception and continues to expand.
For more information on the expansion plans at Premier Forest Group visit their website.