A graet start to the year for Euroseal

A graet start to the year for Euroseal
Photo source
www.euroseal.co.uk

Date: 11 April 2018

Four months into the year, we are pleased to announce that it has been a very positive start to 2018. At the beginning of the year, we celebrated winning two new clients with a combined value of more than £2m.

As a UK market leader in thermoplastic extrusion, we specialise in manufacturing a wide range of rigid profiles and co-extrusions in materials including PVC, HDPE, Polystyrene, Polypropylene, ABS and wood composite.

In recent years, we have invested considerably in new lines and expanding our operations, providing us with the capacity to win lucrative new contracts.

Recent investments have included a six-figure project to install a new twin-screw extrusion line, construct a new tooling design workshop and servicing facility and a mezzanine floor to considerably increase space in the Euroseal premises.

This investment has resulted in increased product flexibility and enhanced the level of service that we are able to provide.

Chris Byers, Managing Director of Euroseal, said “Winning two very substantial contracts right at the beginning of the year puts us in a very good stead right at the outset.

“That in turn means that we have the confidence in the market to sustain our continuing programme of investment, switching on new lines, as well as expanding our operation to delivery increased capacity.” 

In order to offer a higher level of service to our customers, we have also worked to build on established partnerships with tooling and extrusion machinery manufacturers to develop our in-house tool design services, as well as providing financial support for customers to invest in tooling on larger volume projects.

Chris Byers discussed Euroseal’s place in the market: “We’re seeing a lot of peaks and troughs in the market at present. That clearly presents a number of challenges for us or anyone else.

“Where we’re perhaps benefitting is that if you are at capacity or want to bring a new product to market as a systems company or building products specialist, those peaks and troughs make it difficult to justify that capital investment.

“And that’s really where we come in – we become an extension of your own operations. We work in partnership with our customers and to their processes and their own standards, giving them that capacity without the cost or the potential risks associated with major capital investment.”

600450 A graet start to the year for Euroseal glassonweb.com

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