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Wed July 24 2024

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Fabweld returns to work with spike in sales

5 Aug 20 Fabweld Steel Products, manufacturer of access covers and other fabricated steel products for the construction industry, is back to near normal again after booking record sales.

FSP is back at full capacity after securing £500,000 of orders in seven days
FSP is back at full capacity after securing £500,000 of orders in seven days

Fabweld Steel Products (FSP) has recalled all of its staff back to its Telford factory having had a number on furlough and others working from home during the Covid-19 outbreak.

The return comes as the business booked a record £500,000 of sales in just seven days.  

The spike in sales – around 10 times what would be expected at this time of year – signals a return of confidence to the market, believes managing director Richard Hilton.

“Our experience was similar to many other manufacturers when the pandemic first hit,” he said. “There was an immediate slowdown in sales as customers adjusted to the impact of Covid-19 and the suspension of building and other businesses.

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“Since March, we have continued manufacturing to meet demand and furloughed some staff to protect the long-term future of the business. Business was starting to regain some impetus but even we have been surprised by the recent flood of orders.”

The recent surge in orders has come from a mix of UK and export projects including €275,000 from Germany for the supply of recessed access covers.

Richard Hilton added: “From the outset of the pandemic our priority was always to continue business as normal as far as practicable whilst safeguarding the welfare of our staff. We have invested a great deal of time and money in new measures to protect staff, so it’s been easy for us to respond quickly to the increased order book that we’re experiencing.

“I think this is a very positive signal that confidence is beginning to return to industry and construction, and long may it continue.” 

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