Sewtec targets doubling of turnover to £32m by 2023

The high technology company designs and manufactures factory automation systems for global blue-chip clients in the food, pharmaceutical, personal care and tobacco industries and is initiating a growth plan following a successful management buyout in August last year. More than 85 per cent of its sales are to export markets.

In the first three months of 2018, Sewtec secured £10m of orders from customers based in the UK, Ireland and USA whilst creating eight new engineering, manufacturing and sales roles in the process.

The company anticipates doubling the number of highly skilled engineering and manufacturing jobs over the next five years, which would see Sewtec’s workforce growing to more than 120 people.

Sewtec managing director, Mark Cook, said: “We have had an excellent start to the year and intend to maintain our momentum.

“Actively implementing the first phase of our sustainable growth strategy through our rebrand and new website, along with the robust performance sales performance so far this year, shows the enormous potential that Sewtec has to expand its reach and range of applications throughout the world. Our plan to double our turnover to £32m is ambitious.

“However, it is achievable, particularly when you consider the extraordinary skill and dedication of our people across all aspects of the business.”