Printer Friendly

Manufacturer reveals 25pc revenue rise.

Cable assembly firm CHH Conex saw sales rise by almost 25 per cent last year - and has set a target to double turnover in three years.

The Witton-based manufacturer said turnover has increased from pounds 8.1 million in 2010 to pounds 10.1 million in the year to August 2011.

The firm, which supplies to the telecoms, industrial, transport and medical sectors, said the rise came on the back of a number of new contracts and growth within existing markets.

Managing director Tim Hughes said he had set a target of increasing annual sales to pounds 21 million by 2014.

He said: "Telecoms, medical and industrial have long been core markets for us and we have a 21 year track record of offering right first time quality and on time in full delivery both well in excess of 99 per cent.

"By using our experience and expertise, we have also been able to increase the value-add of a number of new products and achieve substantial growth within existing markets."

Mr Hughes admitted his growth plans were ambitious, but said it was "a statement of determination that underpins CHH Conex's commitment to growth".

The company currently employs 141 people at its 85,000 sq ft plant.

He added: "We are currently looking at a number of growth options including acquiring a contract electronics manufacturing capability which will enable us to offer additional capabilities to new and existing customers."
COPYRIGHT 2011 Birmingham Post & Mail Ltd
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Business
Publication:The Birmingham Post (England)
Article Type:Company overview
Date:Dec 29, 2011
Previous Article:More calls to save historic collection.
Next Article:Olympic deal winning firm owed pounds 4.8m to its creditors.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters