Press release
Technical Foam Services Announce Business Growth Over Last Three Years Of Trading
Northamptonshire, United Kingdom (February 11, 2010) - Technical Foam Services, Europe's leading, engineering-biased foam suppliers and manufacturers, have today announced consecutive growth and turnover in their last three years of trading.Figures released by the company show that Technical Foam Services' turnover in 2007 was £1 million, which increased to £1.3million in 2008. That figure was eclipsed by a turnover of £2million in 2009. Figures also show that Technical Foam Services' export business grew from 1% of the turnover in 2007 to 15% of the turnover in 2009.
Technical Foam Services have used the profits wisely, and have invested company-wide in new processing machinery and have made moves to strengthen the management team to ensure future growth continues. Technical Foam Services' turnover forecast for 2010 is estimated to stand at £2.25million, with more revenue and clients expected to be brought to the firm through the updates made to their company website.
"The continued growth of the company shows that we are heading along the right lines and have a solid, stable management strategy in position moving forward," commented Duncan Geddes of Technical Foam Services. "We are still the only UK foam manufacturers with its own dedicated, traditional engineering workshop and utilising this properly will be key to continued growth throughout 2010. We also hope our new website will be a major player in attracting more international clients in the future, and are looking forward to seeing what challenges the next decade will bring."
To find out more about Technical Foam Services and the foam products and services they offer, visit their website at http://technicalfoamservices.co.uk/ or telephone 01536 443000
Founded in 1990, Technical Foam Services is widely recognised as Europe's leading, most innovative and consumer led industrial foam converting business. They operate from Northamptonshire in the heart of England, ensuring easy access to customers and clients when trading their high-quality foam and rubber products. Technical Foam Services can offer foam cut to size products such as furniture foams, ink jet foams, sports and leisure forms and more.
Technical Foam Services Ltd
Northamptonshire
England
57 Burkitt Rd
Earlstrees Industrial Estate,
Corby
NN17 4DT
01536 443000
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