ECEX, profit from investment

Recently we commented that UK SMEs, can play an active role in driving the UK’s economic recovery.

The business news channels at that time told of failing industry and increased unemployment.

This did not match our experience or that of our customers and suppliers.

We can report that the last quarter has been our best in 20 years.This has also been confirmed by fellow contractors and customers.

Many have taken on new staff and are complaining of a shortage of skilled or semi skilled labour.

At ECEX, we’ve been driving further investment into staff and staff training, and have now taken on a second factory base to cope with the increased demand from clients.

We have also entered into a partnership agreement with the USA manufacturer of a brand new product for the UK market. This product will launch in November and provide further opportunity for employment within ECEX.

Sir Arthur Helps, in Realmah, 1868 said “Nothing succeeds like success.”

We believe this to be true.

With your help we can drive this message forward because all businesses profit from investment.

 

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ECEX, SMEs and investment for a future

At ECEX we believe that we, along with other UK SMEs, can play an active role in driving the UK’s economic recovery.

With 3.7 million SMEs in the UK, accounting for approximately 40% of GDP and employing 12 million people, the importance of small and medium enterprises to the economy should never be under estimated.

400,000 UK SMEs cease trading every year and there is no doubt that we’re experiencing an extremely tough economic climate. However, evidence suggests that firms who innovate more consistently and rapidly employ more workers, demand higher skills, pay higher wages and offer more stable prospects.

That could only be a good thing right?

At ECEX, we’ve been driving investment into staff and training, along with new machinery and premises; actively distributing hard earned profits into the wider economy. In doing so, we hope to benefit not only ourselves, but the profitability of various support sectors, which in the long term will allow customers to continue their spending with us.

It hasn’t been easy and as a team we have faced some difficult, but necessary decisions along the way. This makes the recent successes all the more sweeter and long may it last.

 

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