HI Colour Logo
Electrical engineers Houghton International is celebrating its 25th year in business by announcing that it is embarking on a major expansion plan.
The UK’s fastest growing, most customer focused electric motor and alternator repair company, Houghton International has a ten per cent market share in the UK’s rail traction motor industry and a number of major clients operating in the London area including Unipart Rail, First Capital Connect and South West Trains. As well as the rail industry, Houghton International also services wind power, offshore oil and gas, industrial, water, power generation, marine, mining and High Voltage coil manufacturing sectors.
Growing traction motor output from 12 units/week to 25 units/week and to accommodate their move into the MA Set repair market, the company are investing heavily in a brand new, dedicated, MA Set repair line, which compliments their established traction motor capabilities. They expect MA set capacity to grow to 30 units/month by mid 2010.
Michael Mitten, managing director, said: “We’ve had two record years of sales growth and our turnover is set to break the £3million mark this year, with aspirations to grow to £5million in the next two years.”
“While we’re realistic about the current economy, we’re optimistic about our future as our board set a clear strategy some years ago to reduce our risk exposure to economic cycles. We’ve continued to grow steadily and our core strategy has seen us outperform other companies in our sector.”
Michael Mitten continued: “We are seeing an opportunity to take business to a whole new level. Our success to date has been down to developing a cracking team of dedicated people and we’ve invested heavily in team development.”
“Our strategy has been based around forming partnerships with our customers that promote mutual benefit. To this end, we’ve been able to quantify the value we add meaning lots of our customers have asked us to take on more and we’ve made the business scalable by controlling processes and educating our people. We’ve also established new sales channels in North America and the Middle East and are in advanced discussions in India and South East Asia, which gives us a foot in the door to some interesting markets.”
“Houghton International is delighted to be celebrating its 25 year Silver Anniversary this year. The next year is going to be a very exciting one for us and we look forward to our expansion and turnover increasing further.”
Photo:
http://www.prlog.org/
