A crane manufacturer
is creating jobs after winning £1.65 million of orders over
the past two months.
Morris Material
Handling, in North Road, Loughborough, is looking for 10 skilled
shopfloor staff after a recent upturn in sales.
Bosses say that
things are looking brighter after the firm had been hit by the global
economic slowdown over the past two years.
Morris has secured
contracts worth £750,000 with an aerospace manufacturer and
a company involved in airport construction, orders worth £500,000
with two waste-management companies and a contract worth £400,000
with firms involved in wind turbine component manufacturing.
SKILLS:
A worker welds parts for one of the cranes at Morris Material Handling
|
|
Mike Maddock,
the company's managing director, said: "In the last few
months, things have got better in terms of sales.
"But
margins are still very tight at the moment due to stiff competition
from both the UK and overseas."
He said that
some of the 10 jobs were for posts left unfilled for some time due
to natural wastage and which had been kept vacant due to the economic
slowdown.
The firm employs
200 people in Loughborough, another 100 at service and maintenance
depots across the UK and another 100 at factories in Saudi Arabia,
Thailand and Singapore. In 2001, Morris Material Handling changed
ownership after a management buy-out led by Mr Maddock when its
American parent company got into financial difficulties.
Mr Maddock said:
"These contract wins are just a snapshot of what we do.
We can supply a wide range of industries and we go where we find
the business."
The Engineering
Employers' Federation's (EEF) latest quarterly survey said that
for the first time in more than two years more companies reported
output and orders expanding rather than declining.
Nigel Chubb,
chief executive of the Leicestershire-based East Midlands branch
of EEF, said: "Evidence shows that things are starting to
pick up, albeit from a low base.
"We
are finding that the size of orders being won has improved. It is
a brighter position than we have seen for some time in engineering."
Reproduced
by kind permission of The Leicester Mercury.
|