History

The Bonds group of foundries has a long history.  Bonds Foundry carries the name of Joseph Bond, an early patent holder for steel in the UK and traces its origins in Tow Law, Co. Durham continuously back to 1868 – the year William Gladstone replaced Benjamin Disraeli as UK prime minister.  

Bonds Precision Castings has operated in Alston, Cumbria since 1947, the year India gained independence.  In contrast, Bonds CastTech in Crook, Co. Durham is probably the first new steel foundry in England for many years.

From disparate origins, a unified group of companies has been created with synergies in products, markets and skills. It is rare to find businesses providing important employment and social welfare to small communities, without them also being insular – we are the largest employer within 20 miles of Alston.

Since the days when cannonballs were sent from Tow Law for use in the Crimean War and 60,000 golf club heads at 8 shillings each were dispatched every month from Alston for use by the world’s golfers, we have been international in our orientation.  So much so that in 2011, with direct exports reaching 50% of sales, we were privileged to receive the Queen’s Award for Enterprise – International Trade and in March 2013, Bonds Precision Castings and Alston were honored by a visit from HRH Prince Charles, the first royal visitor since Mary Queen of Scots, 450 years ago.

Key Dates:

2016


2015

2012

2011

2010

2008

2007

2000

1996

1993

1990s

1970

1947

1868

BondsHold Ltd. acquires the assets and trade of Bradken Scunthorpe and establishes a new trading entity, Bonds Heavy Castings Ltd. 

BondsHold Ltd. acquires Darwins Holdings Ltd. of Sheffield

First steel poured at Bonds CastTech, Crook, County Durham

Bonds awarded Queen’s Awards for Enterprise: International Trade BondsHold Ltd acquires 10 acre brownfield site in Crook, County Durham and develops a new foundry, Bonds CastTech

New group holding company formed called BondsHold Ltd

Bonds Limited group acquires Precision Products and renames business Bonds Precision Castings Ltd

Remainder of Steel Group (excluding Bonds Foundry) sold on

Bonds Foundry acquired by Steel Group

Bonds Foundry acquires Wilson’s Foundry, Bishop Auckland

Bonds Foundry expands to a second site in Tow Law

Precision Products develops the ECOShaw process

Precision Products opens a new site in Alston at Potters Loaning

Precision Products (Cumberland) Ltd is established in Alston

Bonds Foundry is established

 

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