HomeManufacturingDiversification secret weapon to success at Loughborough Manufacturer
Diversification secret weapon to success at Loughborough Manufacturer
April 27, 2019
Diversification into supplying new parts of retail is paying dividends for that Loughborough manufacturer after it announced a 24% boost in sales.
JC Metalworks, which employs almost 100 people at its Bishop Meadow Road facility, has won a string of the latest contracts to supply precision metal parts for point of sale and products utilized by standard brands, restaurants and clients active in the automotive, retail and Heating Ventilation and Air Conditioning (HVAC) sectors.
Backed by support with the Manufacturing Growth Programme (MGP), the firm has completed a strategic business review that identified the need for a cohesive approach, a programme of upskilling over the workforce along with the implementation of recent lean manufacturing processes.
This has ended in the 1m improvement in business and is particularly simply the start as being the firm offers achieve 10m turnover by 2020, a 3.3m increase on its current 6.7m order book.
Nick Oakland, managing director, said: “There’s a lot of opportunities in retail POS and we are now pro-actively targeting people who have excellent effect.
“Our flexibility, manufacturing capabilities and ability for getting involved in design causes us to be a healthy fit plus the recent new contracts underline this-these are technically demanding projects that require a strategic approach when using the client.”
He added: “It’s information on building relationships and ensuring customers know our huge range of knowledge and in what way you can support them to come. We’re now around 6.7m annual sales and want to increase this year-on-year between now and 2020.
“If we can hit the 10m as anticipated we’ll definitely need more staff; what could around 20 new jobs.”
JC Metalworks has been working with all the Manufacturing Growth Programme (MGP) forever of the programme in October not too long ago.