Manufacturers warned of perfect storm in 2011

Posted on 23 Nov 2010 by The Manufacturer

Business planning and forecasting specialists Numeritas has warned manufacturing companies that 2011 may prove to be "a dangerous year".

The company is warns that the cumulative effect of a whole range of financial issues hitting manufacturers in 2011 will push many profitable, but unprepared, businesses into insolvency. Stephen Aldridge, managing director of Numeritas, said: “There are a whole range of cost and cash flow pressures facing UK manufacturers in 2011. Individually each would be…

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