UK housewares manufacturer Thumbs Up Bury is bucking the recession, investing heavily in new machinery and increasing its export drive.
By the end of January the company will have installed five state-of-the-art injection moulding machines coupled with the latest robotics. The machines will produce domestic drawer tower units, food containers and other housewares such as mop buckets.
The investment in machines, robots, conveyors and guarding is costing in excess of £700,000, and comes on top of investment of nearly £3m in 2008.
In twin-shot moulds, the company has also invested over £900,000, with three more moulds due this month. Total investment in new tools over the past year is more than £2.6m.
“Our production plant is running flat out seven days a week, 24 hours per day,” managing director John McGuinness told HousewaresLive.net. “We closed only on Christmas Day and Boxing Day in order to keep our clients’ shelves full of merchandise.
“Major retailers are very well aware than 2009 is not going to be an easy year and wish to keep the supply lines as short as possible, with as few commitments as possible in forward ordering.”
Thumbs Up Bury is also maintaining a healthy export business, sending merchandise from all its product ranges across Europe.
The company says it is the only UK-owned and based manufacturer of soft-touch twin-shot food containers, domestic storage containers and similar housewares.