Restructuring and appointment of managing director as ambitious five-year growth plan rolls out

County Durham-based, Dyer Engineering, has announced significant changes to its leadership team, including the appointment of Adam Leggett as managing director.

The restructuring is part of an ambitious five-year growth strategy aimed at expanding the company’s workforce of 182 by a further 35% by 2030, investing in new machinery and strengthening global partnerships. This strategy is underpinned by the company’s Smarter Stronger Together principles, which serve as its core DNA—shaping the culture, driving decision-making, and uniting the team in a shared purpose.

The company has experienced substantial growth over the past seven years. Turnover has increased from £11 million in 2020 to £17 million, while profits have risen from a £1 million loss in 2020 to a £2 million profit in 2024.

Dyer Engineering is a global leader in manufacturing machined metal components and fabrications. It operates across industries such as energy, defence, transport and process, offering end-to-end solutions including the production of high-quality components. The company partners with industry leading original equipment manufacturers (OEMs) to reduce costs, improve margins and shorten lead times.

The appointment of Adam Leggett follows a broader restructuring to prepare for future growth. As part of this, Richard Bradley moves into the role of executive chairman after serving as managing director for 3 years. The company also appointed commercial director, Chris Stavers, in November and transitioned Graeme Parkins to the role of strategic growth director. Laurence Provost, Finance Director, and Richard Larder, Business Improvement Director, complete the Executive Board. The changes are designed to align the company’s structure with its long-term expansion goals, focusing on strengthening operations and ensuring the continued success of global partnerships.

A senior leadership working group has been established to support the company’s growth, comprising heads of HR, finance, operations, quality and supply chain. This collaborative approach reflects Dyer Engineering’s commitment to nurturing a high-performing team, guided by their Smarter Stronger Together principles, which continue to drive innovation, operational excellence, and long-term success.

Richard Bradley, executive chairman, said: “I’ve had a great run as managing director and as I transition into my new role, I continue to focus on supporting our growth plan. The company has come a long way and I’m confident that Adam, with his deep operational experience, will continue to lead Dyer Engineering to further success.”

Adam, who joined Dyer Engineering in 2022 as operations director, has been instrumental in improving operational efficiency and streamlining production processes.

Adam Leggett, said: “It’s a great honour to step into the role of managing director at such an exciting time for Dyer Engineering. Richard has done an incredible job and I take the baton from him with a firm eye on continuing his legacy. Under his leadership, the company has thrived and I look forward to working closely with the team to drive further success, deliver value to our customers and support our vision for long-term expansion.”

As part of its five-year plan, the company continues to invest multi-millions in its people, facilities and machinery to stay competitive in an evolving market. The company is also focused on expanding its workforce, aiming for a 35% increase in headcount over the next five years. Central to this strategy is their SST Principles, a commitment to apprenticeships, digital technology and continuous improvement to encourage the next generation of engineers.

Dyer Engineering’s achievements were recently recognised at the Make UK Regional Awards, where it won the Health, Safety and Wellbeing Award and was a runner-up in the Innovation category. The company has also been shortlisted for three categories at the 2025 Made in the North East Awards, including Digital Engineering/Technology, Manufacturing Future Talent and Apprentice of the Year.