RECORD RESULTS FOR WARD HI TECH

19 Nov 2012

Sheffield based CNC machine tool distributors Ward Hi-Tech have reported their best ever first half performance since the Company was formed.

Commenting on a bumper 6 months order intake, UK Sales Manager, Mike Burke said,

"Our strategy of building market awareness of our growing range of larger frame machine tools has really paid dividends. We set out to move more into the bigger end of the machine tool market during the depths of the recession 3 or 4 years ago and have not looked back!
2011 was an exceptional year for us in terms of high value machine sales, but as we pass the current half year period we have already exceeded the previous 12 months trading result and have significant order potential to take us through the next 6 months".

"We continuously hold in stock many large frame CNC machine tools, including SFM and Hwacheon turning machines with bed lengths from 3.5m up to 6m; Dah Lih Vertical Machining Centres and Horizontal Machining Centres with 'X' axis travels up to 2.6m; Kiheung Universal Milling Machines with 'X' axis travels from 3.0m to 10m and VTL's from HNK, which typically may be around 1.6m to 2.5m turning diameters.


This mix of high value stock is rarely available off the shelf and enables us to satisfy customer demand for short term deliveries which can be the difference between winning and losing business", Mr Burke continued.

Ward Hi-Tech are already looking to improve their growth pattern in 2013 and have several additional product lines to bring on board during the next few months, having already announced their sole UK agency agreement to represent the OKK range of high precision, high specification vertical, horizontal and 5 axis machining centres.

Mr Burke concluded,
"Our intention is to be the Number 1 supplier of large CNC machine tools in the UK and our performance record shows we are well on track to achieve that goal".

For more information please contact Ward Hi Tech Limited on
0114-256-0333 or email: sales@wardhitech.co.uk

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