Chinese company Todaytec chooses Manchester

Posted on 8 Jan 2014 by The Manufacturer

A Chinese manufacturer of thermal transfer ribbons is to open an office for its European operations in Manchester.

Todaytec, based in Hangzhou in Eastern China, has agreed a lease for the office at Manchester Airport City Enterprise Zone.

The office will open later this month focusing on business expansion and improving customer support, and will see four or five full-time staff employed on site, with plans to increase the workforce to 12 in total.

The company, which was founded 11 years ago and has two existing factories, chose its North Western location after receiving support from the city’s inward investment agency, MIDAS and UK Trade & Investment.

Jack Liu, director of international business for Todaytec, said: “Manchester is a great city, with excellent global connections. We have many clients in the UK and Europe, so it made sense for us to open our European operation here.

“With so many high-growth, entrepreneurial and inspirational companies who fit into our target client list we couldn’t think of a better location to base our customer service team.”

Tim Newns, chief executive of MIDAS, added: “This decision demonstrates that Greater Manchester is an ideal base for an international organisation to access the UK and European market. We will continue to work with Todaytec to help them build their operations here.

“MIDAS recognises that there is massive potential for inward investment opportunities from China and we are continuing to develop and grow our strategy in the region.”