Nordis Signs – the government-supported manufacturer of road signs for Northamptonshire County Council - is to be sold to May Gurney to ensure its long-term future.
The county council’s cabinet committee will discuss the proposal that would see the firm, which offers meaningful employment opportunities for people with disabilities, sold to infrastructure support services company, May Gurney.
The sale would place Nordis in the ownership of an organisation which operates nationally and would therefore improve its profitability by increasing access to a wider network of contracts.
May Gurney would also continue to operate Nordis Signs as a government-registered supported business.
Cllr Andrew Langley, county council cabinet member for commercial and asset management, said: “I think this decision makes a great deal of sense as it brings benefits to all concerned.
“It’s a great example of how the public and the private sectors can work together to bring cost-savings while at the same time providing a very useful service for people with disabilities.
“In today’s current financial climate it would have made it difficult for us to continue supporting Nordis financially.
“Nordis Signs provides an excellent service and I’m delighted that we’ve found this solution to ensure it can continue to operate.”
Nordis Signs, which currently employs 14 disabled staff, has struggled to break even for many years and this had required the county council to underwrite its losses. Staff at Nordis have been consulted over the decision.
David Hogg, finance director, highways, May Gurney said: “We deliver essential services that make a difference to the quality of life for our communities therefore social and environmental sustainability are at the core of May Gurney’s business.
“We very much look forward to developing the service at Nordis, increasing both activity and employment opportunities for disabled people.”