Midlands manufacturer makes Times top 50 international growers

Posted on 25 Jul 2013

Midlands-based precision components manufacturer Samuel Taylor Limited (STL) has come 48th in The Times International Track league table 2013.

The Redditch firm’s 81.17% international sales growth makes it one of the top exporters in the country, with 85% of the company’s orders coming from abroad.

The precision components manufacturer has seen a sharp rise in revenue from international sales since 2010, increasing from £6.6m to a current level of £21.6m.

STL managing director, Alastair Gordon, said: “We are very proud to be named as one of Britain’s Top 50 SMEs in terms of international sales growth. Plus, we are the highest ranking Midlands manufacturer which is a massive achievement for us, especially considering that Advantage West Midlands rejected our efforts a few years ago. Not only did this cause substantial additional costs and lots of work for us, but it also resulted in the near failure of a major project.

“The only way for exporters to succeed is to identify the customers that knock on their door and pitch to them directly. There is lots of bureaucracy involved in the export process and many people try to stop you, but I would advise anyone to ignore them and simply go for it.”

STL is a member of several industry networks including Made in the Midlands (MIM), the Engineering Industries Association (EIA) and the Hereford and Worcester Chamber of Commerce.

It exports precious metal pressings and components to over 26 countries worldwide, including the United States, China, Middle East and Europe.