The board aims to develop the Group's key strengths in metal turning and precision engineered components, and laser marking equipment. In each of these activities, Group businesses have strong products and brands, significant market share, diverse geographical spread, efficient manufacturing and supply chains, and reliable distribution partners.
We will achieve this by:
- consistently delivering against lead times and quality standards that meet or exceed the requirements of our end-user customers,
- winning and retaining the right to be the producer of choice for our distributors by being easy to deal with,
- undertaking design-led cost reduction activity to maintain or improve our competitiveness,
- pursuing a dynamic approach to new product development,
- recruiting, retaining and developing a talented and committed workforce, and,
- fostering lasting relationships with our chosen supply chain partners.
The Group also intends to further develop its business interests by a programme of carefully targeted strategic acquisitions.