In December, the UK’s trade deficit shrank dramatically from £4.9bn to £3.15bn. Industrial production also increased by I.5pc. This is on the back of a pattern of recent global growth, which has seen Britain’s output soar in the early part of this year. Virtually all sectors of UK industry are expanding faster, than usual, with most manufacturers reporting strong order books from business at home and abroad. All this despite protracted Brexit negotiations, without firm agreements in sight.
Busy manufacturers are good news for Itac. When production expands, the need for adhesives and coatings grows. We’ve recently seen an acceleration in enquiries for new formulations plus an increase in demand for products within our ITS adhesives and coatings range. Our state of the art new factory and warehouse facility has now come into its own. Opened last summer, it provides many benefits, not least, greater capacity. We have recently bolstered our business, technical and manufacturing teams, to ensure that Itac products flow direct to customers more efficiently than ever before.
My thanks again for all your comments.
We thrive on your feedback, please keep it coming in.
Itac Managing Director
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