By 1994 Pyeroy had grown to a business generating sales of over
£8.0million per annum. In 1994, after 20 years of managing the
business on a day to day basis, Mr Thompson appointed a managing
director and became the Group's non-executive chairman.
In 1995, Pyeroy established a presence at the Rosyth Naval Dockyard
in Scotland and expanded its service range to include a number of
services complementary to surface preparation and the application
of protective coatings including scaffolding, insulation, asbestos
removal, industrial cleaning and fire sentry provision.
As a result of this strategy, Pyeroy secured the majority of
naval refit work at Rosyth. This culminated with the Group securing
the multi-discipline contract for painting, scaffolding, cleaning
and insulation work on the Navy's aircraft carrier HMS Ark Royal in
1999.
Also in 1999 a specialist civil engineering division was
established and the Group established a business to undertake work
in the infrastructure sector - in particular - working on the
refurbishment of rail and road bridges. The marine business
continued to expand with the award of major multi-discipline
contracts on HMS Invincible in 2001.
In 2002, Hugh Pelham was recruited and appointed as Group Managing
Director. In the same year, the Group secured the prestigious £20m
ten year contract to carry out service preparation and application
of protective coatings on the Forth Rail Bridge and also secured a
three year £25m contract to provide multi-discipline services
during the re-fit of HMS Illustrious in Rosyth Dockyard. The two
contracts established Pyeroy's reputation as the market leading
applicator of protective coatings in the UK.
In 2005, the Group acquired the trade and assets of Palmer's
industrial coating business in Scotland and Uprite Services in
Ireland. The two acquisitions, alongside the recruitment of a
number of key individuals in 2008, enabled the Group to enter into
the process and energy markets in the UK and Eire.
In 2007, Pyeroy established a joint venture company Ship Support
Services with Cape Industrial Services Limited. In 2009, the joint
venture company was awarded a £120m contract over nine years to
provide access and specialist coatings services for the Royal
Navy's new generation of aircraft carriers. As part of this
contract award, Pyeroy established specialist project teams in all
the UK dockyards and shipyards involved in the fabrication of the
Queen Elizabeth Class Aircraft Carriers (QEC).
In 2008, Pyeroy secured three key refurbishment contracts in London
- Tower Bridge, Southwark Bridge and Blackfriars Bridge.
In 2010, Pyeroy acquired a specialist electrical contracting
company in Cork (CEI) to extend the range of services provided to
GSK. CEI had previously acted as a sub-contractor to Pyeroy in
Ireland delivering services on complex pipebridge refurbishment
projects.
In 2011, Pyeroy established a joint venture arrangement with OCS
Group Limited to provide industrial support services to Babcock
Marine at its Devonport Dockyard. The joint venture was
subsequently awarded the term contract to provide industrial
support services for warship refits in the Devonport dockyard over
a three year period. The Group also secured an additional six year
contract for £18m on the QEC Aircraft Carrier project to provide
composite support services.
In 2012, Pyeroy entered the offshore energy market and increased
its penetration of the oil and gas fabrication market.
In July 2013 Pyeroy Group Ltd was acquired by Wood Group plc and became a division of Wood Group PSN.
In 2014 sales reached £137m and the company was awarded a £12m per annum contract to provide insulation, scaffolding and painting services on Shell Northern Gas Plants and secured off-shore term maintenance contracts with Ithaca, Talisman, Premier Oil and Centrica. The company also established a rope access business and gained IRATA accreditation.
On 1st January 2015 Pyeroy underwent re-branding and changed its name to Wood Group Industrial Services Limited to highlight its commitment and belonging to Wood Group PSN and to facilitate internal integration processes.
In 42 years WGIS has become a one of the United Kingdom's foremost suppliers of multi-discipline industrial services specialising in painting, asset maintenance and integrity and access solutions to power generation, oil and gas, renewable, infrastructure and marine industries.
Timeline Details
1973 - Pyeroy established above a DIY shop in Felling, near Gateshead
1974 - Pyeroy moves to Kirkstone House, Heworth
1979 - Start of work on HMS Ark Royal and HMS Illustrious on the Tyne
1982 - Company turnover breaks through £1 million
1985 - Newcastle Swing Bridge is first major bridge painting contract
1990 - Company turnover breaks through £5 million
1995 - Pyeroy Scaffolding division established
1997 - Asbestos Handling and Removal division established
2000 - Company turnover approaches £30 million
2001 - First £10 million contract secured for re-painting of HMS Ark Royal
2002 - Contract won for re-painting of Forth Rail Bridge
2003 - HMS Illustrious is Pyeroy's first £20 million contract
2004 - Re-painting of HMS Invincible at Rosyth
2006 - Asbestos waste handling and transfer station established in Gateshead
2007 - MOD contracts won include the new build of RFA Lyme Bay
2008 - Re-painting contracts won for Tower Bridge and Southwark Bridge and Blackfriars Railway Bridge in London
2009 - Pyeroy establishes joint venture company with Cape and secures the painting and scaffolding contract for the new Royal Navy supercarriers
2010 - Site industrial maintenance and support contracts secured with Huntsman and Heerema on Teesside
2010 - Pyeroy acquires the CEI Electrical, Instrumentation & Communications Engineering Contractors based in Ireland
2011 - Pyeroy establishes a joint venture company with OCS and secures the Dockside Services contract with Babcock Marine at Devonport Dockyard
2011 - Long term framework site services contrcats awarded by GlaxoSmithKline for several sites in the UK and Ireland
2012 - Aberdeen Office established to expand our support to renewables, offshore infrastructure and oil & gas activities
2013 - In July 2013 Pyeroy was acquired by Wood Group plc has become a division of Wood Group PSN.
2015 - Pyeroy re-brands to Wood Group Industrial Services Limited.