“This continued growth is extremely encouraging for us as a business as we’ve seen reports that others are finding the current situation, with Brexit uncertainty, challenging,” says Nigel Atherton, managing director of XYZ Machine Tools. “Our introduction of machines such as the LR range of machining centres and 5-axis machines have opened up new opportunities with customers who may not normally have been typical XYZ customers. Our ongoing challenge is to maintain this momentum, which will be helped by new products such as our Robo-Tend machine-tool automation system, which is already generating significant interest.”
Sales growth has also led to another accolade for the company, with it gaining 17 places in the Western Morning News’ Annual Business Guide Top 150 businesses in Devon and Cornwall, moving up from 135th to 118th. This is no mean feat given that these 150 companies have a combined turnover of £14 billion, and the top 10 alone account for over £6 billion of that.
“It is great news that we’re outgrowing other businesses in the region, and the target is to break into the top 100, which could be achieved if sales this year continue the same as they’ve started,” says Atherton.
