We are pleased to announce that due to the takeover by Beck Industries in March 2010, Prosper Distribution is changing its name to Beck Prosper.

We feel this name change better reflects the merger of two such strong brands in high integrity bolting.

The Prosper name has a global reputation stretching back as far as 1969 and the unique three-ring logo symbolises the three die rolling machines the company originally manufactured before becoming a bolting manufacturer. Prosper and Beck felt that these attributes were too valuable to lose, therefore both brands have been incorporated into the new name and logo design.

Due to the name change, the marketing and IT teams are working on new company literature and a new website design, which you should see rolled out in the coming weeks. We will advise when they are live.

New signage is being produced for the exterior of the buildings and staff are awaiting their new uniforms to reflect our status as a world player. The marketing team is working on re-vamping our reception area and meeting rooms to coincide with the new modern facilities recently opened at Beck Crespel.

Prosper remains firmly at the forefront of offshore bolting, especially as the industry wrestles with the subsea challenges presented by deeper and deeper exploration.

The Beck brand also remains strong in this area but is perhaps better known for its work in nuclear and alternative energy sectors such as wind. The company anticipates being actively involved in these areas with the promised investment in the UK over the next decade.

Beck Prosper has continually delivered on quality, which has enabled the company to celebrate not only reaching but exceeding monthly targets during difficult market conditions.

Since the takeover, Beck Prosper has recruited in all areas of the business, bringing the total number of employees to over 135, with interviews still taking place to fill more vacancies. We hope that this continued investment in people, coupled with significant training initiatives, will further enhance our customer satisfaction in the second half of 2010.