Walsall-based moulder Moldwel Products Ltd reports a period of recent and sustained growth thus far into 2014. The business confirms that, from its experiences, the UK ‘reshoring’ purchasing trend is very much present and here to stay for the foreseeable future.
Andy Penn, Managing Director notes that ‘many buyers have now experienced the disadvantages of foreign purchasing at first hand. Issues of quality, lead times, tooling and typical conditions of financing are all now contributing to make UK-based manufacturing supply much more appealing and reliable. Customers now realise that peace of mind and fault-free supply are well worth paying that little bit extra for.’
You might like to read our previous post on why the UK’s centre is ripe for start up’s.