|By PR Newswire||
|August 18, 2014 04:00 AM EDT||
BIRMINGHAM, England, August 18, 2014 /PRNewswire/ --
William Hackett Chains Ltd, one of the UK's oldest Chain manufacturers is continuing to see strong financial growth throughout 2013/14.
The strong financial performance of William Hackett Chains is underpinned by the successful execution of its strategic growth plan and investment in the Lifting Division.
Over the past 18 months William Hackett Chains has developed a deeper relationship with key clients across the world to better understand the markets in which it operates. This depth of market and client knowledge is enabling William Hackett Chains to continue to add value to clients and address key operational and asset efficiency challenges within the industry.
Tim Burgess, Managing Director of William Hackett Chains commented:
"William Hackett Chains' strategic growth programme has been based on ensuring that we are able to continue to define industry leading solutions into the lifting, lashing, marine, offshore oil, mining and agricultural markets around the World. The strength of our position in the UK market is now leading our key clients to ask us to support them with their growth plans into Europe and internationally."
William Hackett's performance is supported by the investments which have been made in the Assure platform which provides the industry with a leading compliance, project risk and media solution.
In response to William Hackett Chains strong financial performance and operating platform, Steven Hong, Chairman of YOKE commented: "The culture of YOKE is based on research, product innovation and development with our partners. This enables the production of safe and superior quality products for which YOKE are renowned. It is critical for YOKE to work with a distribution partner which supports our culture and fully promote the YOKE brand. The investment that William Hackett Chains has made in their operating platform illustrates their commitment to supporting YOKE to meet the market demands for a superior quality manufactured product and expert customer service. YOKE is going to build up a worldwide distribution system to deliver YOKE brand value, I do believe that William Hackett Chains will be one of YOKE's most important partners in Europe."
George Katergarakis Sales Executive for McKinnon Chain, commented: "We see the investment that William Hackett Chains are making as a clear illustration of their commitment to innovation and becoming a centre of excellence to the lifting industry. The combination of such enterprising solutions together with McKinnon Chain's established manufacturing brand is seen as a partnership that will enable sustainable competiveness for both businesses. In support of our market position it is therefore critical for us to be able to work with a partner that understands the market and respond to client needs. The development of the William Hackett Assure Compliance and Media offerings will redefine the industry expectations for traceability, risk mitigation and the provision of sales media."
About William Hackett Chains Ltd
William Hackett Chains Ltd was founded in 1892 and has been continuously manufacturing chains ever since. The factory is still based in Cradley, West Midlands, producing chain products and chain harrows.
In 1989 a lifting division was established in Alnwick, Northumberland, and this part of the business is now established as a truly global supplier of lifting equipment. Market conditions change constantly and to survive for over 110 years the Company has had to be prepared to adapt, invest and change.
The company supplies chain products into lifting, lashing, marine, offshore oil, mining and agricultural markets around the World.
William Hackett Chains takes pride in the ability to adapt and diversify, and the business is strengthened by the accumulated knowledge and skills that are held within the Company.
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