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Please find below the latest news fromBarrett Steel. If you require any further information or a high resolution image please contact me.

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Ros Nuttall, e:rosalind@chapelfieldpr.com
t: 07702 310743,www.chapelfieldpr.com

Barrett Steel boosts investment in Ireland to £7.5m with purchase of Maghaberry site/bs058 / 03.06.14

Barrett Steelhas boosted its investment in Ireland to almost £7.5 million with the purchase of the warehouse and business unit at the Barrett Steel Ireland site in Maghaberry, Northern Ireland. The five acre, 30,000 square foot site is the location of the main processing centre for Barrett Steel Ireland offering cutting, drilling, shotblasting and priming.

Rob Ridge, Barrett Steel's Commercial Development Director, explains: "The purchase of the site from which we are currently operating underlines our continuing investment and commitment to the Irish market.

"We have increased our workforce by 20% with the launch of Barrett Engineering Steel Ireland at the Maghaberry site and we will add new people, stocks and machinery as the business grows."

Rob Ridge continues: "The purchase is part of our strategic plan - we want to be known by every steel user in Northern Ireland and the Republic of Ireland."

News of the investment closely follows the announcement that Barrett Steel Ireland has been accredited with the CE Standard relating to the Construction Products Directive and Structural Steels. The award is part of the Barrett Steel Group's aim to gain three key awards throughout its 42 companies, including CE Marking, ISO 14001:2004 and ISO 9001.

Despite challenging times in the industry Barrett Steel reported a near 50% increase in pre-tax profits as sales increased for the financial year to September 2013.

More information is available from Chris Lamb at Barrett Steel, tel: +44 (0)1274 682281, email:chris.lamb@barrettsteel.com,www.barrettsteel.com

#ENDS#

Photos: Barrett Steel boosts investment in Ireland to £7.5m with purchase of Maghaberry site. (Images available from Ros Nuttall,Chapelfield PR, email:rosalind@chapelfieldpr.com, tel: 07702 310743).

Editorial contact:
Ros Nuttall, Chapelfield PR, e:rosalind@chapelfieldpr.com
T: +44 (0)7702 310743, W:www.chapelfieldpr.com

Company contact:
Chris Lamb, Group Marketing Manager, Barrett Steel, e:chris.lamb@barrettsteel.com
Tel: +44 (0)1274 682281, W:www.barrettsteel.com

About Barrett Steel Ltd

Established in 1866 by Henry Barrett, Barrett Steel has expanded organically and by acquisition to become the UK's largest independent steel stockholder.

The Group now comprises 42 companies operating from 28 locations across the UK and is divided into four divisions: General Steels; Engineering Steels; Tubes; and International. Recent expansion has seen a stockholding and processing facility being opened in Houston, Texas.

The numerous steel stockholding companies and divisions operating across the UK serve customers worldwide, united in a forward-thinking philosophy, commitment to technological innovation and exacting customer service standards. Each company operates with the full backing and support of the Barrett Steel Group.

Barrett Steel's head office is located in Bradford, West Yorkshire, on the site where its nineteenth century founder, Henry Barrett, set up premises in 1910.

Barrett Steel operates to ISO: 9001 2008.

Issued by: Barrett Steel, Barrett House, Cutler Heights Lane, Dudley Hill, Bradford, West Yorkshire BD4 9HU
T. +44 (0)1274 682281, E:chris.lamb@barrettsteel.com, W:www.barrettsteel.com