Seminar Components boosts exports

Posted on 26 Aug 2017 and read 283 times
Seminar Components boosts exportsSwansea-based Seminar Components (www.www.seminar-components.co.uk), a manufacturer of armchair lift-and-recline mechanisms, is set to boost its production and increase its exports to Europe — supported by a £200,000 hire purchase and leasing facility from Lloyds Bank.

The company has invested in two new robotic welding machines, which will enable it to increase its production by 25% by the end of the year.

Finance director Philip Lempriere said: “We only started exporting in 2015, and we have been overwhelmed by the response to our products.

“Sales have increased by nearly a third in the past two years alone, driven by an increase in exports, which now account for 16% of all sales.”

Be seen in all the right places!

Northern Manufacturing 2017 MTA Hanoi 2017 MATOF 2017 - Korea Int'l Manufacturing Technology Advanced Engineering UK 2017 Metalex 2017 EUROTOOL 2017 Machine Tool Indonesia 2017 Engimach 2017 Steelfab 2018 Expo Manufactura 2018 WIN Eurasia 2018 MACH 2018