Bonds Foundry of Tow Law, County Durham was established in 1868 and currently employs approximately 80 people. The foundry carries the name of Joseph Bond a very early patent holder for steel in UK. It came into existence when Charles Attwood, with the support of Baring Brothers, moved his earlier iron foundry down the valley to Wolsingham. The foundry is on Iron Works Road as it was there before the village itself.

Recent Timeline

• Gained Quality Management System certification to BS5750 part 2 (now BS EN ISO 9001:2000) in September 1992.
• Expanded onto a second site in 1993, Bonds now runs on two sites, (i), "Ironworks Road" (South Works) in the village centre and (ii) "North Road" (North Works) 1 km to the north of the village carrying out moulding, melting, casting, heavy fettling and pattern making in the South Works and dressing, upgrading, quality heat treatment and inspection at the North Works.
• Acquired Wilson's Foundry, Bishop Auckland in September 1996.
• Acquired by the Steel Group (now renamed Bonds Limited, which is a holding company) in May 2000.
• September 2001 gained approval to new Quality Management System standard BS EN ISO 9001:2000.