National Timber Systems is Rescued from Administration and 160 jobs are saved
National Timber Systems, a once-thriving entity in the timber industry, faced a significant downturn and ultimately collapsed last November. In a promising turn of events, the Newport-based Premier Forest Products has successfully acquired National Timber Systems (NTS) from administration. This strategic acquisition not only revitalizes the company but also safeguards 160 jobs, providing hope and stability for the employees and the local community.
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That’s a remarkable amount of work hours for a single machine, the Norcar 600 owned by Erkki Rinne is taken well care of, it even has the original Diesel engine.
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Kieran Anders is a forestry contractor working in the lake district. His work involves hand cutting and extracting timber using a skidder and tractor-trailer forwarder.
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It is not possible to eliminate chain shot, but there are simple steps that can be taken to reduce the risk.
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Arwel takes great pride in the fact that the mill has no waste whatsoever, “the peelings are used for children’s playgrounds, gardens and for farm animals in barns in the winter and the sawdust has multiple uses in gardens and farms as well.
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Timber hauliers need to encourage young blood in, and also look after the hauliers we have, we need make the sector a safe and positive place to work.
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The acquisition, unveiled just ahead of the Christmas season, came on the heels of the unfortunate downfall of National Timber Systems’ parent company, National Timber Group, which faced financial difficulties and collapsed in November.
National Timber Systems plays a crucial role in the construction industry, providing both national and regional housebuilders, along with various sectors such as modular construction, with an extensive array of engineered timber products and services designed to meet diverse building needs.
Terry Edgell, the co-founder and chief executive of Premier Forest Products, expressed enthusiasm about the acquisition, stating, “We see National Timber Systems as an excellent complement to Premier Forest. This addition significantly enhances our portfolio of engineered timber solutions, enabling us to better serve customers throughout the UK.”
Under the recent acquisition deal, Premier Forest has successfully acquired the operations of NTS located in key areas including Bristol, Newcastle, and Catterick in North Yorkshire. This strategic move follows their previous purchase of the National Timber Group’s Arnold Laver sites situated in Manchester and Reading, which was facilitated through the administrators.
Premier Forest, which was established in 1993, has demonstrated significant growth over the years. In its most recent financial report for the fiscal year ending in April 2024, the company recorded an impressive turnover of £97 million, along with a pre-tax profit of £2.7 million. This acquisition marks a crucial expansion for Premier Forest, enhancing its operational footprint and service capabilities in the timber industry across multiple regions.
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Written by loggers for loggers and dedicated solely to the equipment used in forestry operations.