East Midlands’ export chief, Alison Zhu recently visited Ripley-based manufacturing outfit Manthorpe Engineering, to hear how the business will be driving significant expansion over the next five years.
The privately owned business is a precision machinist and fabrication specialist for the aerospace, power, defence and nuclear sectors, working for companies such as Rolls-Royce and Siemens.
The firm’s engineering division, which has a turnover of around £20 million, currently exports 60% of its goods, mainly through customers in Canada and continental Europe, and is looking to boost turnover to £30million in the coming years from national and international growth and help from UK Trade & Investment (UKTI).
During the visit Alison Zhu, UKTI East Midlands Deputy Regional Director said:
“This firm is a fantastic example of a thriving British manufacturer.
“Their investment in technology, people and equipment is apparent from the incredibly impressive operation they run here in Ripley.
“Their facilities and loyalty to the local community are testament to the firm’s commitment to growth – they have invested £2.5 million in machinery this year and taken on 40 apprenticeships in the last 10 years.
“They demonstrate what exporting can do for mid-sized businesses and we are keen to help them do even more.”
“I’m impressed by what I’ve seen today.
“The company is clearly committed to growth and they are continually investing in their business for the benefit of the local community, and the local and national economy.
“They are a great example of an already successful exporter who have the ambition to grow their international operations with the support of UK Trade & Investment ”