A VALVE company that completed £1m of business in the first month of 2014 is set for further growth.

Evolution Valves, only started life four years ago, but has already established a strong world-wide reputation for its customised butterfly valves that meet the high safety and performance standards demanded by heavy industries including the oil and gas, chemical, pharmaceutical, power and marine sectors.

Recent orders have come from the Middle East, North and South America, Africa, Europe, Scotland and the North- East itself. A move into new premises on the St Anns Industrial Estate, Stockton, has given it the space it needs to move some of its manufacturing in-house.

Peter Cone, who founded the company with Steve Heap, said: “Since we started we have exceeded all forecasts, trebling our business year on year.

“We believe our success is due largely to the decades of expertise, experience and contacts that we have in this sector.

Our expertise means that designs can be produced in days rather than the usual weeks.”