WORLD NEWS
ARROW SOLUTIONS LAUNCH £1M INTERNATIONAL
EXPANSION PLAN The launch of two new innovations and significant international expansion is promising to deliver 10% growth in sales this year for an East Midlands manufacturer of specialist chemicals.
Arrow Solutions, which is part of the £21m strong Reabrook Ltd, is expecting significant global interest in its new advanced cleaning and maintenance products for the aerospace, industrial and commercial hygiene fields.
It’s part of a £1m investment programme that the company is embarking on to grow market share in the UK and in strategic international territories, such as the Middle East and the Far East.
The latter has enjoyed significant funding to create a stand-alone trading entity in Shanghai, offering sales, technical support and a commercial base for the entire region.
EXPORTS ON THE UP
AT JAMES BRIGGS James Briggs Ltd has announced a marked increase in its export activity, approaching 10% of its total sales activity as it reaches the end of its current financial year.
“Our strategy is based on a desire to become the supplier of choice for specialist chemical products, setting the standing in cleaning and maintenance in the process,” explained Jonathan Lane, Sales Director at Arrow Solutions.
“Half of our turnover is exported overseas and we see international sales continuing to grow with the developing industrial markets in the Far East and Middle East growing at pace and looking to improve their commitment to health, safety and environmental standards.
Despite the UK’s chemicals industry suffering a difficult first quarter, with exports falling by £500million, a bumper April saw the Oldham-based manufacturer buck the trend, with overseas sales in the month hitting 10% of all business – double its export rate throughout the first half of the year.
“We have a dedicated team in place to support our network and warehouse in the Middle East, whilst our subsidiary in China is now fully operational. Arrow Shanghai Trading Company will turnover nearly £1m in its first twelve months and be a multi-million pound business in the years to come.”
Jonathan concluded: “2016 is going to be a big year for Arrow Solutions as we look to execute our global strategy, whilst continually looking to invest in our UK operation and the skills of our people.”
www.arrowchem.com
The boost is in part thanks to growing sales in Southeast Asia through James Briggs’ professional cleaning brand, Premiere Products, which it acquired in April 2015.
Commenting on the growth, James Briggs CEO Tim Pugh said: “Our reputation overseas is constantly growing, and we’re beginning to see that reflected in our bottom-line. The past 12 months have seen us enter markets in the Middle East and Southeast Asia, and we’re targeting a number of other new geographies as part of our ongoing growth strategy.
“During the acquisition process, we recognised the growth potential that the Premiere Products brand could offer alongside our existing products, so it’s extremely rewarding to see it contributing so significantly. I’m confident it will continue to prove a valuable asset as we further develop our export portfolio and look towards a strong finish to our financial year.”
www.tomorrowscleaning.com Tomorrow’s Cleaning June 2016 | 21
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