Walkersteel is a major steel processing company based in
Blackburn
Blackburn () is an industrial town and the administrative centre of the Blackburn with Darwen borough in Lancashire, England. The town is north of the West Pennine Moors on the southern edge of the Ribble Valley, east of Preston and north-n ...
,
Lancashire
Lancashire ( , ; abbreviated Lancs) is the name of a historic county, ceremonial county, and non-metropolitan county in North West England. The boundaries of these three areas differ significantly.
The non-metropolitan county of Lancash ...
. The firm was originally established by Charles Walker before his son
Jack Walker
Jack Walker (19 May 1929 – 17 August 2000) was a British industrialist and businessman. Walker built his fortune in the steel industry, amassing a personal fortune of £600 million. He then went on to become the owner and benefactor of Black ...
turned the business into a major company.
The company was sold to
British Steel plc
British may refer to:
Peoples, culture, and language
* British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies.
** Britishness, the British identity and common culture
* British Englis ...
in 1989 for a fee in excess of £300million - which helped fund Jack Walker's takeover of
Blackburn Rovers
Blackburn Rovers Football Club is a professional football club, based in Blackburn, Lancashire, England, which competes in the , the second tier of the English football league system. They have played home matches at Ewood Park since 1890. Th ...
in early 1991. By this time, the steel company was achieving profits worth close to £50million a year, though the onset of the
recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various ...
saw the steel market suffer a major slump.
The brand was revived following Jack Walker's death but is linked in name only.
External links
Official WebsiteSteel Express Limited
Companies based in Blackburn
Steel companies of the United Kingdom
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