The Dewsbury-based robotics specialist Sewtec has rebranded and revealed its five-year-plan to double its turnover to £32m and workforce to 120.
Robotics specialist, Sewtec has announced its intention to double turnover to £32m in five years as the company initiates a growth plan following a successful management buyout (MBO) in August last year.
The Dewsbury-based high technology company designs and manufactures factory automation systems for global blue-chip clients in the food, pharmaceutical, personal care and tobacco industries.
Reportedly, more than 85% of its current sales are to export markets.
To underpin its growth strategy, Sewtec has also rebranded and launched a new company website, both of which were designed and developed by award-winning Leeds-based brand design agency BML Creative.
In the first three months of 2018, Sewtec secured £10m of orders from customers based in the UK, Ireland and the US, while creating eight new engineering, manufacturing and sales roles in the process.
The company anticipates doubling the number of highly skilled engineering and manufacturing jobs over the next five years, which would see Sewtec’s workforce grow to more than 120 people.
Sewtec managing director, Mark Cook, commented: “We have had an excellent start to the year and intend to maintain our momentum. Actively implementing the first phase of our sustainable growth strategy through our rebrand and new website, along with the robust performance sales performance so far this year, shows the enormous potential that Sewtec has to expand its reach and range of applications throughout the world.
“This is given further impetus by the increasing requirement globally for automation across all manufacturing and production processes.
“Our plan to double our turnover to £32m is ambitious. However, it is achievable, particularly when you consider the extraordinary skill and dedication of our people across all aspects of the business.”
Sewtec’s MBO was backed by Leeds headquartered private equity firm Endless. The company’s management team of technical director Gary Day, controls director Karl Conqueror and sales director Paul Johnson led the buyout.
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