Street Crane, the UK’s largest crane and hoist manufacturer, is celebrating its 70th anniversary and has announced further plans for growth.
Street Crane started in 1946 by Peter Street in an 800 sq ft workshop based in Sheffield with just £88, the family-run business has gone from strength to strength, now employing 350 people on sites in High Peak and Sheffield. With a UK client base that includes leading brands such as Siemens, JCB, Hitachi Rail and Rolls Royce, Street has also grown to be a global exporter, supplying cranes and components to customers in 48 countries around the world.
Chairman Martin Street said: “We’ve experienced rapid growth in recent years and that’s mainly as a result of our latest product range which has expanded our exporting capabilities. Since we introduced our new range of ZX hoists in 2006, our exports have grown significantly all over the world, particularly in the US. Our products are sold through a network of approved distributors, which is continuously expanding and adding to our sales success. Twenty years ago we had just three export partners, today we have more than 100.
“This business model means that we’re placed to continue to build on our success. As well as plans to double our turnover within 10 years, we are investing in developing new products that will continue to keep us ahead of the competition. With a large in-house research and development team, we have a number of new products in the pipeline with the first expected to be launched later this year. We are also continuing to develop new sales software that will make it easier for our distributors to sell our cranes and hoists.
“Despite the current economic and political uncertainty surrounding the UK and other parts of the world, it’s very much business as usual for Street. Having made recent investments in our manufacturing operation and with a focus on continuous development and improvement, we are looking forward to the next few years with confidence.”
Established in Sheffield in 1946 as a crane repairer, Street moved into crane production in 1953. It relocated to Chapel-en-le-Frith four years later to enable it to build the larger cranes needed for modern factories. In the mid 1960s, Street Crane Express was set up to provide a dedicated service operation. In 2000, the company launched its initial range of ZX wire rope hoists and started to develop its export component sales strategy. In 2014, it opened a new £3million hoist factory to meet the growing demand for its products around the world.