Norfolk-based British refrigeration manufacturer Precision is celebrating its 10th anniversary, with business up 30% in the past year, exports accounting for 40% of production and sales to the Middle East up 500% compared to 2017.
Precision have also developed some radical products during this period including its Retro Refrigeration range, mixing 50s styling with the latest technology, making refrigeration a talking point and a style feature.Â
âOur R&D department is working on new models to extend the range,â adds Williams. âRetro was originally conceived as a one-off, but itâs generated a huge buzz of interest and while itâs still a relatively small part of our overall business, weâre obviously looking to make the most of its success.âÂ
Since 2008 Precisionâs sales have gone up on average 25% per year and the company plans to expand production, which will also mean the company will need to recruit more factory operatives, engineers and support staff. Â
The company will celebrate its anniversary with two birthday parties, one at a venue near its factory and offices in Thetford, and one this evening in London at the Orrery in Marylebone High Street, London.