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Lawrence David
Page 59
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• The original founder Lawrence Marshall remains as chairman, although his son Lawrence Marshall Jr became MD three years ago • The Lawrence David Group employs 248 people and is made up of: • Lawrence David the main trailer maker al Peterborough • Roscope Engineering Company based in Corby, which builds all superstructure parts and chassis rails and all steel work for Lawrence David • ABR, LD's trailer repair and refurbishment operation at Peterborough • In total, the group turns over some £34-35m a year and delivers a profit of around Elm • Recent investment in the company includes £250K spent at Roscope on a new laser cutter; £500K on the HO operation in Peterborough with £350K spent on a new paint facility (each trailer has a five-year paint warranty) • Although LD also builds around 400 rigid bodies a year, it will not be pushing hard in the truck body sector • LD's warranty bill is 0.02% ot turnover