Oregon Timber set for growth in house market

Oregon Timber
Oregon Timber
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This month sees operations due to begin at Oregon Timber Frame’s new £600,000 state-of-the-art manufacturing facility in Selkirk.

Announced during the summer, the new expansion to the company’s existing site in the town’s Dunsdale Road, measures up to a 18,000 sqft factory, and together with an additional 20,000sqft production facility in Burton upon Trent, jointly represent a 50 per cent increase in Oregon’s manufacturing potential.

Oregon chairman Roderick Lawson said: “We are very pleased that we have now created new production capacity which will enable us to increase our service to clients as they respond to the recovering housing market.”

Oregon recently released its trading results for the year to December 31, 2012, showing a modest increase in turnover to £13.2million and group profit before tax increased to £792,000, compared with the previous year’s profit of £541,000.

The company says this solid performance and its strong balance sheet are due in part to Oregon’s success in the English housing market, where turnover increased to £2.4million from £1.4million in 2011.

The company’s position also benefited from the relative stability of timber prices during the year and from continued focus on operational efficiencies.

The average number of employees in 2012 was 79 and this is expected to rise as more staff are taken on in anticipation of further growth.