2010 witnessed an impressive 67% increase in turnover from the lows of 2009 when some staff worked on a four day basis to ensure no jobs were lost. Fortunately this was short lived with working hours returning to normal as orders increased in 2010. To date 2011, enquiries and orders are above the record levels experienced before the economic downturn, the company reports.
Two new members of staff started in February with an additional warehouse operative to be appointed shortly. The new starters already in post are a customer support engineer in the Service Department and a new group marketing manager who will head up all marketing and communications across Europe for Nikken's network of offices.
Nikken's growth comes at a time when UK manufacturing expanded at its fastest pace since records began in 1992 according to a survey by the Chartered Institute of Purchasing (CIPS). The Markit/CIPS Purchasing Manager's Index reached 62.0 in January – when any measure above 50 indicates expansion. This was a rise of 4.5 in a single month from December 2010.
Tony Bowkett, the group managing director, believes that Nikken is ideally placed to take full advantage of the growth in the UK manufacturing sector. “We have worked hard as an organisation over the last decade to ensure our products and services are of the highest quality,” he enthused. “Our reputation as one of the leading manufacturers of quality CNC rotary tables and NC tooling products has played a huge part in our current success with customers in the aerospace, automotive, medical and nuclear sectors.”
Nikken Kosakusho
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