MG Stuma boosts business and adds jobs

Bucking the current economic trend, the firm saw a year-end increase in its annual turnover to £6.5 million; has created 20 new jobs and moved to round-the-clock shift work. Last August, the two plastic injection-moulding companies – MG Plastics and Stuma Plastics – joined together under one roof in Bolton to form MG Stuma. Attributing the expansion of business in part to the merger last year, managing director Neil Redmayne, said he believed the growth was also due to strong customer confidence. "In our business, customers want to be reassured that their suppliers are financially strong enough to weather tough economic conditions," he said. "Security of supply is vital and as a well-managed family firm that is able to continue investing and developing while maintaining strong production processes and excellent customer care, people know they can count on us." The company's strong order book has resulted in MG Stuma moving from a five-day week, to continuous seven day, 24-hour shifts. It has also increased its workforce from 80 to around 100 skilled employees over the past year. "We have seen an increase in the number of customers outsourcing assembly work to us, so they can concentrate on their own core skills. It makes sense to use our skilled technicians, operators and assembly teams instead of maintaining a permanent overhead," added Redmayne. "We're delighted to be in a position to invest in the future of the business while offering jobs to local people, particularly at a time when securing employment is proving a challenge for many."