Defying gloom September 1st 2008 Despite recession warnings, UK
industrial crane maker Street
Crane Company says it has
recorded the highest ever order
intake in its 60 year history.
"Conservatively we are expecting
our overall sales for 2008/9 to be at
least 40% ahead of 2007/8 – and
that too was very good year. In the
first five months of the financial
year starting in April, we have seen
like for like monthly order intake up
to 100% higher than the previous
year," says Andrew Pimblett, Street
Crane's MD.
Factory cranes are a serious
capital investment – so Street
Crane believes its current success
is a barometer of the confidence
that UK manufacturers have in their
future and an indicator of what is
happening in the wider world
economy. "Within the UK, longterm
customers are continuing to
invest and grow and export sales
have also risen," says Pimblett. More articles from Street Crane Co Ltd: |