Manufacturing Today Issue - 219 December 2023 | Page 87

________________________________________________________________________________________________ CB
Technology
▲ From left to right : Alex Harte – Operations Director , Graham Scott – Chief Financial Officer , John Cameron – Chief Executive Officer , and Graeme Robertson – Sales & Business Development Director .
businesses are concerned with the everincreasing risks related to global sourcing . “ We ’ ve also had to battle with the implications of Brexit ,” John continues . “ The resource pool for talented individuals in the UK has shrunk , causing a labor shortage that is certainly not helped by the ageing population associated with the manufacturing industry . A shortage of resources has driven wage inflation across the sector too , creating a challenging , competitive dynamic where fewer people are coming into the industry , so companies are battling to recruit and retain the best talent .”
Double-digit growth
When asked what the company is doing to combat such challenges , John confidently responds : “ We must strive to be a strong local employer that pays good salaries , provides great benefits , and ensures job security . We ’ re bringing in apprentices too ; we currently have four in the business and aim to onboard two new apprentices every year . The challenge then is retaining them , so we try to provide longterm career paths that meet their aspirations .”
Turning to the future , John proposes : “ There is definitely more stability around both the economy and predictability as we head into 2024 , especially when compared with this year . We ’ ll continue to operate what has so far been a successful business model , as well as invest in our people and are confident we can continue to deliver double-digit growth in the years ahead .
“ Further afield , it ’ s all about preserving our glass-half-full mentality , navigating risks or challenges , and identifying opportunities for growth as they arise ,” he concludes . “ With a more positive external environment and secure finances , we ’ ve outlined a strategic three-year plan that we hope will take us to more than £ 20 million revenue .” ■
www . cbtechnology . co . uk
manufacturing-today . com 87