Agricultural, construction and earthmoving equipment soundproofing specialist TMAT Acoustic Technologies says it is performing six times better than the average UK manufacturer after boosting sales by six per cent.
The Chesterfield company, which makes soundproofing and vibration baffling for excavators and tractors, says it is now turning over around £12 million and has boosted profits by 10 per cent.
Managing director Jason Lippitt said: “We were naturally really buoyed by the news that UK manufacturing is enjoying significant improvement after an extended difficult period, but to find from the six-month report that we are performing six times better was just fantastic.
“That’s not to say that we’re prepared to sit back and take it easy, and I don’t think UK manufacturing in general should do so, either. We’re a long way from being out of the woods yet.”
The news comes not long after TMAT announced it was looking for a major new investor to help the business expand in global markets.
TMAT has been seeking to open a factory in Brazil to capitalise on demand ahead of the World Cup and the Olympics.