International Track 200

Coal miners in China use Hydra Mining Tools International’s cutting head to extract coal, without excessive dust and danger of explosion. Trading on Britain’s reputation for engineering excellence, this company reinvented itself after the collapse of the UK coal-mining industry. Chief executive Gordon McShannon and management bought the Yorkshire firm from receivership in 2000 and expanded internationally, opening Chinese and American subsidiaries and selling to Australia and mainland Europe, supplying customers such as mining giant BHP Billiton. Overseas turnover has grown 75% a year, from £2.4m in 2007 to £7.3m in 2009.

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Company details
Year2010
Rank44
CompanyHydra Mining Tools International
ActivityMining tools producer
LocationSouth Yorkshire
2-yr av intl sales growth pa75.05%
International sales £000s7,311
Total sales £000s11,779
Staff128
Founded2000
Websitewww.hydramining.com

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* Supplied by company † Annualised figure