Mather + Stuart Power Solutions is acquired by Ashtead Plant Hire Company Limited.
Nexpower is born for our own brand of generators.
The sales department receives its largest order to date from the US air force, it is in excess of £1 million.
In July 2008 we encountered the start of the recession and over 50% of the hire fleet was off-hired. We decided to diversify with the sale of 130 generators that were surplus to requirement and we realised the potential of creating a new sales division. CAT Generators was born.
One year prior to the recession and our hire fleet is approaching 900 units.
We increased the fleet to over 800 units.
Our hire fleet increases to over 700 units.
Five No 315 KVA generators are situated on barges on the River Thames to provide backup power to commission the London Eye and Millennium Dome.
Business remains strong and we form a strong alliance with Atlas Copco Generators and our hire fleet stands at 300 units.
The founders' sons, Lee Stuart, Mark Stuart and Tony Mather enter the business and we increase our hire fleet from 80 units to 150 units.
As the company expanded we were awarded lucrative contracts for Assab in the Middle East for an ECS plant.
We received our very first enquiry for the hire of two number 500 KVA generators from BNFL at the old Calder works in Sellafield. What was initially an order for a six month hire turned into 2½ year contract. During this period further generator orders followed and a commercial decision was taken to concentrate purely on the rental of temporary power generators.
The business was founded in April of this year by Bill Mather and Fred Stuart, purely focusing on the rental of welding machines and associated equipment. Our very first order soon followed from a company called McTay Engineering - a division of Mowlem (now part of Carillion). Several Lincoln welding sets were despatched for a contract in St Helena in the Falkland Islands for repairs to the town following the Falklands war.