[2][1][3] 1987 turnover was £7.3 million with 156 staff and by 1988 the Company had subsidiaries specialising in steelworks coal handling plant, and marketing industrial equipment.
The acquisition of Braithwaite assets that year added capabilities in fluid storage systems including modular, pressed steel tanks.
The transaction increased capacity for steel fabrication and existing Rowecord businesses moved down the River Usk from Old Town Docks to Braithwaite's Neptune Works.
Projects including an extension for the British Museum; blast furnace works at Port Talbot for Tata Steel, and a coal injection plant for SSI at Redcar were interrupted.
The Administrator completed viable contracts by either appointing agents to carry out the work; transferring them to Rowecord group companies, or negotiating exits.
[3][4] Braithwaite and Kirk established Neptune Works beside the River Usk c. 1913 because it had better transport links than their original West Bromwich premises.
It produced structural steelwork, transmission towers, bridgework, pressed steel tanks, sectional pontoons and foundation cylinders there.