Also found in: Wikipedia.
NORECNo Record
Copyright 1988-2018, All rights reserved.
References in periodicals archive ?
Although Norec operates equipment at power stations, it did not have the capability to repair that machinery when there were problems and it was forced to call in the services of other companies.
Gordon Banham said: "This is a significant opportunity for our Norec Industrial Services Division to develop relationships with a major customer within a strategic location for the Hargreaves Group."
September 2006: Norec, South Yorkshire ( pounds 5.5m
Recently it has acquired three Yorkshire firms: Monckton Coke & Chemical Company for pounds 13.9m, Norec for pounds 5.5m and tyre recyclist Granutyre.
It has also recently bought Granutyre, a Sheffield-based tyre recycling business, another bulk liquid transporter - Gilbraith, of Lancashire - and also bought Norec, a Barnsley-based industrial service of pounds 23m-plus turnover, with Powergen as a primary customer.
And earlier this week, Hargreaves acquired South Yorkshire industrial services group Norec for pounds 5.5m.
It announced the completion of the acquisition of contract management services group Norec for pounds 5.5m earlier this week.
The County Durham group announced yesterday that it had acquired South Yorkshire company Norec, which provides services to companies in the power generation, utilities and minerals industries.
Norec works in many of the areas which Hargreaves provides its own support services and the two companies have previously been rivals in bidding for the same contracts.
Key clients include Powergen, and Norec has provided and administered the workforce to operate the utility company's coal and dust plants at Kingsnorth Power Station in Kent.
Norec employs 510 staff, swelling Hargreaves' own workforce just over the 1,100 mark.
Gordon Banham, chief executive officer of Hargreaves Services, said: "I am delighted with the completion of the Norec acquisition; this is a long established business with a proven team and a track record of delivering high quality services.