Goodwin plc

Goodwin plc is a heavy engineering firm located in Stoke-on-Trent, Staffordshire, England. The company, which specialises in the supply and fabrication of castings, is listed on the London Stock Exchange. It is a constituent of the FTSE 250 Index.

Goodwin plc

Company type	Public limited company
Traded as	LSE: GDWN
Industry	Engineering
Founded	1883
Founder	Ralph Goodwin
Headquarters	Stoke on Trent , England, UK
Key people	T. J. W. Goodwin (Chairman) M. S. Goodwin (Managing Director, Mechanical Engineering) S. R. Goodwin (Managing Director, Refractory Engineering)
Products	Machined steel castings
Services	Bespoke heavy engineering
Revenue	£185.7 million (2023)[1]
Operating income	£20.3 million (2023)[1]
Net income	£16.5 million (2023)[1]
Website	www.goodwin.co.uk

History

Pouring molten charge from the furnace into the ladle

The company was founded by Ralph Goodwin as a supplier and fabricator of machined castings in Stoke-on-Trent in 1883. It established a foundry as well as a fabrication plant. The fabrication plant carried out machining, fabrication and assembly work on the castings produced by the foundry. The company was first listed on the London Stock Exchange in 1958,^[2] and it remains one of the 10 oldest companies listed there.^[3]

In 1984, Goodwins became the first steel foundry in the world to be awarded accreditation by the British Standards Institution to BS5750 (now ISO9001) for casting production.^[4] In 2006 the company was awarded the Queen's Award for International Trade.^[5]

The company was criticised in 2012 for its failure to comply with the requirements of the Financial Services Authority that it have non-executive directors on the board.^[2]

Applications

Goodwin castings are used in a variety of projects. Some of the more high-profile projects are listed below:

Tsing Ma Bridge – Hong Kong

Bridges

• Hardanger Bridge^[6]
• Oakland Bay Bridge Eastern Span Replacement^[7]
• Tsing Ma Bridge^[8]
• Jiangyin Yangtze River Bridge^[9]

Pelamis Wave Energy Converter

Structural/Architectural

• Faslane Naval Base^[10]
• Stratford station^[11]
• Ludwig Erhard Haus, Börse Berlin^[8]
• Paddington station^[12]

Power Generation (including Nuclear)

• Pelamis Wave Energy Converter^[13]
• Sizewell B nuclear power station^[14]
• Sellafield re-processing plant^[15]

References

1. "Annual Report 2023" (PDF). Goodwin plc. Retrieved 3 July 2024.
2. "UK engineering firm Goodwin is unintended victim of FSA clampdown". The Guardian. 4 October 2012. Retrieved 3 July 2024.
3. "Goodwin Steel Castings – Profile". Archived from the original on 10 October 2011. Retrieved 23 June 2011.
4. "Goodwin Steel Castings – Approvals". Archived from the original on 25 March 2012. Retrieved 23 June 2011.
5. "Queen's Award for International Trade: Winners' List" (PDF). Gov.uk. 2011. p. 21. Archived from the original (PDF) on 20 July 2011.
6. "Stoke-on-Trent business Goodwin wins Norway bridge contract". 11 January 2010. Archived from the original on 23 December 2012.
7. "San Francisco – Oakland Bay Bridge" (PDF). ASQ. Archived from the original (PDF) on 7 March 2012.
8. "Goodwin Steel Castings". Inside Manufacturing Enterprise. Archived from the original on 21 November 2008.
9. "Goodwin Steel Castings – Bridges". Archived from the original on 25 March 2012. Retrieved 23 June 2011.
10. "Goodwin Steel Castings – Structural". Archived from the original on 25 March 2012. Retrieved 23 June 2011.
11. "Creative casting The Bronze Age process of casting now incorporates computer simulation to ensure that it is right the first time". Architects' Journal. 30 September 1999. Retrieved 3 July 2024.
12. "Paddington Station Phase 1 Masterplan, London". Steel Construction. Archived from the original on 26 July 2011.
13. "Goodwin Steel Castings – Renewable". Archived from the original on 25 March 2012. Retrieved 23 June 2011.
14. "The Mapping of Materials Supply Chains in the UK's Power Generation Sector" (PDF). Materials UK. 1 December 2007. p. 28. Retrieved 3 July 2024.
15. "Site Report for Sellafield; West Cumbria Sites Stakeholder Group (WCSSG)" (PDF). Office for Nuclear Regulation (ONR). 31 March 2022. p. 21. Retrieved 3 July 2024.

External links

• Official site