Simpsons Malt climbs five places in the North East Top 200
Family-owned Simpsons Malt has jumped five places to 45 in The Journal Top 200 North East; the league table that ranks the North East’s best financially performing businesses.
Amongst the top 50 in the coveted list, the Berwick-upon-Tweed maltster employs over 250 people and has reported a turnover of £160.7 million in the last year.Simpsons Malt, that includes agricultural trading divisions McCreath, Simpson & Prentice (MSP) & John Guthrie in Forfar, produces in excess of 280,000 tonnes of malt a year from the raw barley material sourced from surrounding farms.
Increasing sales into the global brewing industry and continuing strong demand from distilling customers has contributed to a positive year for the independent company as it now represents the North East in over 25 countries around the world.
Commenting on the ranking Richard Simpson, vice-chairman of Simpsons Malt, said: “The success of Simpsons Malt’s can be attributed to the continued hard work of our employees, our farming partners and suppliers and our amazing customers, who recognise our continued investment in both our maltings, in Berwick-upon Tweed and Tivetshall St Margaret, and in the company’s supply chain infrastructure.
“We will continue our strategy for growth by continuing to invest in our malting facilities to further secure home markets while developing opportunities all over the globe. Our people are essential to this success and we will continue to invest in training and development in order to service our customers at the highest level.
“As a North East business, being featured on The Journal Top 200 list is a privileged position that we’re very proud to be in, and would like to congratulate all the other businesses in our region that have also made the list.”