Partner Article
Region must build on reputation for manufacturing excellence
The North East manufacturing industry needs to build on its strong reputation to maintain a competitive advantage in the international marketplace, according to one regional firm.
Throughout 2011 Stockton-on-Tees based Pickering Lifts, the UK’s largest independent lift manufacturer witnessed steady growth, which has escalated further in the first two months of 2012.
This was especially good news for the firm, who managed to defy CBI statistics reporting that optimism within the manufacturing industry fell to the downturn levels of Spring 2009.
The company now hopes to continue this positive trend into the second Quarter of 2012.
Kirk Lawson, sales and marketing director for Pickering Lifts, believes that the company’s’ excellent reputation for strong technical capability and exceptional customer service has helped them to flourish during this difficult period.
He said: “It is our USP which has enabled us to buck the negative trends reported by the likes of the ONS, CBI, EEF and CIPS and enjoy a stable profit margin during what is obviously a difficult economic climate.
“We would recommend that other manufacturers in the region take a step back from their business and assess what it is that makes them appeal to their customers and maximise these foundations in order to achieve similar success.”
Concerns regarding public spending cuts and the potential effects of the current eurozone sovereign debt crisis have had an additional significant effect on expectations within the industry.
Kirk adds: “Expectations for the coming months are gloomy but this is not surprising. Cuts to public spending have clearly had a negative impact on the industry and further cuts will only contribute to further decline.
“To fill any void left by this, North East manufacturers need to maintain a competitive advantage to drive business from the private sector.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
How businesses can reduce workplace safety risks with custom solutions
Tech firm unveils jobs plan after £530,000 backing
SMEs urged to think big at Newcastle event
B Corp is a commitment, not a one-time win
Government must get in gear on vehicle transition
A legacy in stone and spirit
Shaping the future: Your guide to planning reforms
The future direction of expert witness services
Getting people into gear for a workplace return
What to expect in the Spring Statement
Sunderland leading way in UK office supply market
Key construction developments in 2025