Firm bucks the industry trend

A Shropshire company is celebrating a record year with an unprecedented 35 per cent hike in sales and the biggest order book in the firm's 37 year history.

BYPY Hydraulics & Transmissions Ltd is bucking not only the industry's forecast of a two to three per cent rise in sales but also the current economic climate for UK businesses.

Twelve months after the management buyout by BYPY's managing director Ian Teece and sales director Richard Salisbury, the figures for the past three consecutive months alone have set new records.

And the Ludlow Business Park company's consistent success in exceeding their budgeted forecasts over the year has resulted in a 20 per cent increase in staff.

Mr Teece said: "The exceptional figures we are currently achieving are undoubtedly due to the foundations we laid over the past two or three years when we invested in expanding our product portfolio and increasing our internal and external technical sales teams.

"Our customer base has more than doubled in the past three years. So what we are seeing now is a direct result of our ability to identify and capitalise on entering new market sectors together with a steady growth in areas such as power units which are relatively recent additions to our product offering.

"Both Richard and I recognise that we extremely fortunate in having the support of a dedicated and experienced team who have all been instrumental in the company's success.

"Investment in people is vital to the success of any business. And it's certainly the case that the calibre and quality of people we have been able to attract has had a significant effect. Good people in the industry have approached us because they want to work here and it's no accident that the perception of BYPY in the marketplace is of a happy team with highly qualified, knowledgeable personnel in every department."

Mr Salisbury added: "A combination of a successful team, strong brands and long established relationships with quality manufacturers have enabled us to expand our loyal customer base and we are extremely grateful to both our customers and our suppliers for their continued support."

Established in 1981 BYPY is regarded as the UK's leading independent distributor of quality branded hydraulics and transmissions. They are the sole appointed distributors for premium brands that include Bondioli & Pavesi, Casappa, Ikron and Walvoil as well as representing other major players such as HP Hydraulic, Fira, Bima, Binacchi, MTC, Hansa, Indemar, Hydr-app, Eaton Hydraulics, Vickers and Char-Lynn.