Friday, 11 September 2015
Firm Sets Ten Year Record
Consulting engineering firm Morgan Tucker marked its tenth year in business at a special event in Newark last night.
Held at the historic National Civil War Centre, founder and Managing Director Matthew Tucker was joined by local dignitaries and guests in celebrating the firm’s landmark year, which has also been their most successful year to date.
Since its inception in 2005, the firm has secured more than 2,150 contracts, worth more than £11m collectively. Morgan Tucker now manages more than £3bn worth of construction projects worldwide and has grown to 125 members of staff across eight offices.
Speaking at the event, Matthew said that the firm had reached a key milestone not only in business terms, but in achieving its expansion targets.
“We are delighted to be celebrating our ten-year anniversary,” said Matthew. “It is an exciting time for us in terms of growth and strategic development.
“Receiving the £1m investment from Foresight Group earlier this year has enabled us to make a key acquisition and recruit industry leading professionals to drive our expansion strategy.
“We are currently undergoing a management restructure which will see the creation of an executive group, with some of the industry’s leading names set to join us in the coming months. We have also created five regional director roles to expand our services across a wider number of sectors in the UK and abroad in Oman and the Czech Republic.
“This current restructure is as significant for us as winning the London 2012 Olympic Park contract.”
Matthew launched the business in 2005 in his spare room. He recruited his first member of staff later that year and moved to his current Newark headquarters in 2013.
Morgan Tucker was appointed to design and deliver a construction logistics facility for the London 2012 Olympic Park – one of the biggest of its kind in the world. It was a catalyst project for Morgan Tucker’s client base – and it catapulted the business into the UK spotlight.
Tom Thorp, director at Foresight Group said: “The Foresight Nottingham Fund has been an investor in Morgan Tucker since March this year and are pleased with the way that Matthew and his team have set out their strategic growth plans for the business over the next five years, building on a strong platform established over the past ten years.
“With both national and international growth opportunities that Morgan Tucker is working on now, this business will have some exciting times ahead, which we looking forward to joining them on as they grow their geographical footprint and client base.”
Matthew added: “We have worked on some significant projects in the past ten years and survived one of the worst recessions in our lifetime.
“That is testament to the hard work and professionalism of the whole team at Morgan Tucker.”
Deputy Lieutenant of Nottinghamshire, Liell Francklin said: “Morgan Tucker’s tenth anniversary is a milestone in a remarkable success story and a testament to Matthew Tucker’s drive and determination.
“Morgan Tucker’s success is also an endorsement of the benefits to businesses of locating in Nottinghamshire with its skilled labour force and excellent communications.”
In the past ten months the firm opened a new office in Nottingham which has since grown from six members of staff up to 20.