Worcestershire precision engineer Samuel Taylor (STL) is on track for growth by diversifying into the rail sector.
STL will be exhibiting at the UK's biggest rail event, Railtex exhibition, NEC, Birmingham on the 12-14th May. Show organisers expect more than 10,000 rail professionals and 430 suppliers over the show's 3 days.
Rail opportunities
The rail revival worldwide has been quite spectacular, fuelled by rising energy costs, governments across the globe have recognised the efficiency advantage that investing in rail provides.
According to the rail delivery group, the UK rail industry helps increase the output of the Country by £10.5billion.
In a study compiled by Siemens, research claimed in major US cities such as Los Angeles, high speed rail had helped create 55,000 new jobs and more than $3billion in new wages through the high speed innovation.
Whilst the high speed debate brings out strong feel on both sides there is no denying the immediate benefit to the engineering sector. Samuel Taylor are one such company that want to be able to take advantage of these opportunities.
UK advantage
Carl Siviter, Sales Manager, said, "UK manufacturing at the moment is a very competitive market to source from, even more competitive than Germany."Exhibitions like Railtex provide a platform to explore emerging and growth markets.
Whilst the UK is extremely buoyant because of its automotive sector, Carl suggests caution and believes manufacturers need to have a diverse customer base.
As a business with more than 100 years history, cautious optimism is probably a good way of describing Samuel Taylor.
Carl adds, "The UK has a very good supply-chain and we have capacity to supply much more into the rail sector. We have to make sure we are not losing out on business that should be won by UK businesses.
"Samuel Taylor are exhibiting to demonstrate their own capabilities to the sector but also to learn what opportunities exist in the sector and meet likeminded people."
Carl recently returned from a business visit to China where the business secured a contract, demonstrating the international demand for UK engineering.
In the 21st century OEM's and tier one suppliers are no longer geographically bound, companies can source from anywhere in the world, UK businesses have a lot of heritage and skills. With rising wages in developing countries, combined with innovations in automation and a strong economy the UK is now an attractive place to do business and can compete globally.
Samuel Taylor will be at the railtex show on the 12th may until the 14th may, please visit us at the show or visit www.samueltaylor.co.uk