Business News
Fracino celebrates multi- million pound expansion
Birmingham espresso and cappuccino coffee machine manufacturer, Fracino, has celebrated the expansion of its state-of-the-art showroom with an official launch by West Midlands mayor Andy Street. Designed to further boost the
growth of the third generation family business, the 2,500 sq ft extension to the main administration block is a milestone in Fracino’s multi-million pound innovation and investment programme. Showcasing the company’s
award-winning products, the contemporary showroom and visitor lounge has created a Technical Training Centre of Excellence for distributors’ service engineers with features including an espresso bar and solar panels. The mayor toured Fracino’s
45,000 sq ft factory, one of the world’s most advanced and efficient espresso equipment manufacturing facilities, which has this year been further enhanced with a third production line.
Andy Street (first left, front row), marks the opening of the new showroom with Fracino family members and staff
The business boasts a 55-plus
product portfolio and produces thousands of machines each year for customers, including global fast food giant Subway, Patisserie Valerie, Living Ventures Restaurant Group, AMT Coffee and Pathfinder pub chains. The manufacturer also exports to over 70 countries worldwide.
Mr Street said: “The expansion is
the latest chapter in the powerful success story of Fracino, which was launched from humble beginnings 54 years ago and has achieved well deserved recognition as a global brand. It’s tremendous to see at first hand Fracino’s cutting-edge operation and the success of its investment programme.”
Occupancy rates best since 2003
Birmingham’s accommodation sector posted average occupancy rates of 75 per cent this summer – the best for this time of year since records began in 2003. The region’s hoteliers enjoyed
year-on-year occupancy rises in June (up 3 per cent), July (up 2 per cent) and August (up 2 per cent), according to latest data from the West Midlands Growth Company’s Regional Observatory and STR Global. Revenue per available room (RevPAR) also rose to £48, a £4 increase on the average figure recorded in summer 2016. Events contributing to the city’s
summer growth included a number of international sporting fixtures. Birmingham City Council leader
Cllr Ian Ward said: “These record- breaking figures outline Birmingham's growing popularity as a tourist destination. “There's no doubt that our rich
calendar of sporting and cultural events is a huge attraction. People enjoy coming to Birmingham for major events and importantly many of them come back time again.” Hotels that have opened in 2017
include Holiday Inn Express Birmingham City Centre and No.8 Waterloo Street, featuring 31 self- serviced apartments.
Tis the season to give gifts…
But don’t gift criminals with your information or computers!
As we all wind down for the end of the year, don’t let your guard down for the sake of the festivities.
There are people out there who won’t be partying and who will be only too happy to take advantage of you and your computers and steal your information!
Don’t invite them in! Keep your systems up to date. Install security software. Put passwords or passcodes on all your devices. And backup everything.
Stay safe and enjoy a wonderful festive season.
For more help and information, contact Scott Taylor on:
0121 405 4369
email:
scott@ebitconsultancy.co.uk or visit:
ebitconsultancy.co.uk/festive
December 2017/January 2018 CHAMBERLINK 19
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