Stronger board will drive sales and export growth
A South East Cornwall manufacturing business has strengthened its board and secured additional investment of £200,000.
Callington-based Orchid Plastics, which employs around 28 people, makes a range of products, from fuel tanks to marine navigation buoys, using rotation mouldings.
The company has now appointed Geoff Stockley as sales director, Mark Stanley as financial director and Chris Sellars as commercial director to develop the business and to strengthen its expertise in sales and finance.
The business already exports its products to countries including Denmark, Antigua and Singapore and the board is hoping to increase the amount of international sales.
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"It is also working on new product designs and is in the final stages of negotiating for several large contracts.
Mr Sellars and Mr Stanley join Orchid Plastics on a part-time basis from consultancy firm Mackenzie Spencer.
"We started working with Paul towards the end of last year, helping him look at ways to reorganise and restructure the finance of the business," said Mr Sellars.
"Orchid Plastics is already a very successful business, with a great range of products that means it can easily trade internationally.
"We are excited about the potential global growth of its products and in addition we will be looking at business acquisitions in the sector over the next couple of years to broaden the service offering to the company's customers."
Managing director Paul Fairhurst said: "This is a very exciting time for the business – we have a lot of great new developments planned and several large projects are under way.
"The long-term goal is to secure our relationship with our key customers and to optimise production to build security for growth.
"Working with customers old and new, our aim is to provide excellent service and high-quality products delivered on time at realistic prices."
Orchid Plastics offers bespoke plastic rotational moulding products using CAD technology and prototype modelling.