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reorganization and restructuring process. We invested in a new laser machine, reconfigured our other existing equipment, and made infrastructure changes. We made investments in plant and equipment with the aim of increasing efficiency.
“ Another key component is that we have adapted to a changing market. Brexit and the pandemic probably helped us as a business in some ways. The war in Ukraine, though, produced significant challenges for many businesses, including for supply chains; fortunately, due to our long-standing relationships, we were able to maintain supply and continued to offer uninterrupted service to our customers. We’ ve invested in the right areas, and we’ ve made some good strategic decisions that have transformed the performance of the business.”
Moving on, Tony highlights how the company’ s sustainability efforts have provided additional benefits to the business:“ The first solar installation was in 2019; we installed 1160 solar panels on our main building. It was initially thought to be a fiveto-six-year payback that actually turned out, with the rising energy charges, to be less than three years, which was fantastic for us. In a market where energy costs continue to rise, it makes perfect sense. So, when we built the next warehouse for the machine shop, which was completed in 2023, we put solar panels on that one as well.”
Looking to the future, Tony concludes with an outlook for the rest of the year and beyond:“ The year ahead will be challenging, as the market does seem much more difficult, both in terms of volume and margin opportunity. This is the time when we have to roll our sleeves up. We have to be smarter commercially and more proactive in the market. We’ re well placed to do that with the products and services we offer; our brand and reputation in the market will see us through. The company is in a healthy position financially and as I always say,‘ any business can make money in a good market, but it takes a good business to make money in a poor market.’
“ In five years, I would hope to see even more of our apprentices taking substantive roles and a succession plan in place for the long-term sustainability of the business. I want us to continue to innovate and find solutions for our customers. Continuing to modernize and be recognized as a capable and ethical partner for projects as well as a reliable and consistent supplier of dayto-day steel requirements that fit with individual customer needs. I am proud of the transformation and the success we have enjoyed. Now is the time to invest further and to ensure that Brown McFarlane continues to be recognized as a premier plate processing supplier,” he concludes. ■
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