It currently has 20 businesses operating across the area, employing more than 200 people in Wolverhampton alone.
It makes the city a significant part of a diverse global industrial group employing 8,000 people and with a turnover of around $1.5 billion. In the UK alone Caparo is a £400 million business operating from 43 sites.
Caparo founder Lord Paul of Marylebone is Chancellor of the University of Wolverhampton, and the company chose that university as its partner in the Caparo Innovation Centre, a ground breaking project partnership between industry and academia to help develop new products.
And John Wood, director of group corporate services at the Caparo Group offices in Oldbury, chooses to devote time to his role as a Wolverhampton Business Champion.
“Perhaps its is because I am an outsider that I can see what is great about Wolverhampton,” he said. “That perspective lets me see the positive, while so many people who live here seem to focus on the negatives.
“There is certainly an attitude of ‘cup half empty’ rather than ‘cup half full’.”