1968 Natural Gas Tubes established by Mr (later Lord) Swraj Paul. The company, based in Huntingdon in Cambridgeshire, manufactured spiral weld tubes and achieved first year sales of £14,000.
1977 New factory opened in Tredegar
1978 Opened spiral weld mill for cold-formed welded tube and hollow sections manufactured by the electric resistance welding
1979 Caparo Group formed
1980 Acquired public company LK Industrial Investments which became Caparo Industries.
1981 Acquired Central Manufacturing and Trading
1984 Acquired Wrexham Wire
1985 Caparo Industries and British Steel jointly instituted a venture in merchant bar production at Scunthorpe, using an existing mill building but with state of the art technology.
1989 Take-over of Armstrong Equipment
1991 Company became private.
1995 Second steel re-rolling mill at Scunthorpe
2004 Acquired Tyco European Tubing and Steel Strip, including Accles and Pollock
2005 Acquire H. S. Pitt and Fairbright Industries, and the vibration mounting business of Silvertown.
Sources of Information
- The Times, May 12, 1983
- The Times Feb. 21, 1984
- The Times Apr. 10, 1986
- Caparo Group