Innovations push Borders-based Oregon Timber Frame into black

New products and services and a series of “efficiency measures” have helped push Borders-based Oregon Timber Frame back into the black.

Annual accounts for the timber frame manufacturer show that it made a profit before tax of just over £541,000 last year, compared with losses of almost £317,000 in 2010. The newly-filed report also reveals a modest rise in turnover to £12.5m from about £12.3m a year earlier.

The Selkirk-based firm said the development of an integrated factory and business planning system had helped bolster trading.

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Chairman Roderick Lawson said: “As directors, we are committed to providing our housebuilder and developer customers with a technically sound service of a high standard and we are pleased that the new
activities are contributing so positively to this.”

The company, which paid a dividend of £55,938, warned that the housing market remained “challenging”.