Walkersteel
Appearance
Company type | Private |
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Industry | Steel processing and distribution |
Headquarters | Blackburn, Lancashire, England |
Key people | Jack Walker |
Website | www.walkersteel.com |
Walkersteel is a major steel processing company based in Blackburn, Lancashire. The firm was originally established by Charles Walker before his son Jack Walker turned the business into a major company.
The company was sold to British Steel plc in 1989 for a fee in excess of £300million[citation needed] - which helped fund Jack Walker's takeover of Blackburn Rovers in early 1991.[citation needed] By this time, the steel company was achieving profits worth close to £50million a year, though the onset of the recession saw the steel market suffer a major slump.[citation needed]
The brand was revived following Jack Walker's death but is linked in name only.[citation needed]