Stewart-Buchanan Gauges Ltd

An Employee Owned Company

SBG – Time Line

1870 Established as C&A Stewarts in

Falfield St, Glasgow

1947 Incorporated as a PLC, Moving to

Thornliebank, Glasgow

1970 Purchased by Frank Phair, Moved

to Kilsyth (C&A Stewart Ltd)

1985 Moved to current premises,

acquired Buchanan Brothers

1986 Name changed to Stewart-

Buchanan Gauges Ltd

2011 Transfer to Employee Ownership

SBG – Time Line

SBG – Our Products

We MAKE TO ORDER and manufacture the

following:

Pressure Gauges 2000/week (Basic to SUBSEA Gauges)

Valves & Manifolds 700/week (Basic to Wellhead Valves)

Industrial Temperature Gauges50/week (Heating & Ventilation to

Process)

All of the above are manufactured in a huge variety of styles and materials.Materials include Brass, Stainless Steel, Titanium, Inconel and many others.We require a large and diverse skill base to support the great variety of products we sell.

SBG – Our Markets

We now export 50% of our products outside of the UK to more than 50 countries. Scotland represents 20% of our turnover. We supply a wide range of market sectors, including

 In 2013 we traded with 815 customers, we currently have more than 1100.

Food and Drink Hydraulic Heating and Ventilation Test and inspection

Oil and Petrochemical Gas and compressed Air

Power Generation OEM's (Original

Equipment Manufacture)

SBG – Succession

Family Ownership No Family member wishing to take over Franks Health

Frank's Ambitions Keep Company in Kilsyth Preserve companies strong trading and financial position Safe guard employment Reward many loyal employees

Options Trade sale Management Buyout Employee Ownership

SBG – Performance and Future

What has not changed?

Focused Customer Service.

This is reflected in our NEW Vision and Mission Statements.

Our Vision: An employee owned company responding to customer demands while setting the standards for Safety, Quality and Reliability.

Our Mission: To recognise and exceed customer expectations. To build a strong ownership culture, to create sustainable employment and the opportunity for each employee to contribute and succeed.

What HAS changed?

Structure Completely new

Confidence More Stakeholders

Relationships Internally and Externally building engagement

Productivity UP

Financial Performance UP

Investment UP

Financial Rewards UP

SBG – Performance and Future

SBG – Customer Reaction

• Overwhelmingly Positive

• Security of Supply

• Inclusiveness

SBG – Performance and Future

The Numbers

Year Employees Turnover Turnover/Employee Net Profit Net Profit/Employee

2011 148 £7.456.000 £50.500 £371.000 £2.5002012 152 £8.720.000 £57.500 £698.000 £4.6002013 159 £10.597.000 £67.000 £813.000 £5.0002014 163 £11.000.000 £67.484 £950.000 £5.800

SBG – Future Plans

• Build on the growth that the change to employee ownership has started

• Create a culture where the ownership model delivers for all

• Develop new products and markets from the investments we have made