A management buy-out has paid dividends for precision engineering company, Produmax, with revenue almost trebling, staff growth of more than 600% and exports now accounting for 70% of turnover.
The Shipley-based manufacturer has become globally known for its expertise in producing high-quality machined flight control components and assemblies, supplying some of the most prestigious aerospace manufacturers worldwide – including Boeing and Bombadier. The company’s business transformation into an £8.5m international company follows an MBO in 1998 led by current managing director Jeremy Ridyard. At…
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