Despite all the headwinds in the economy, manufacturing has had a buoyant 2022, if Hurco’s experience selling its machine tools is anything to go by. Order intake in monetary value was close to a record high, beaten only just by the exceptional figures posted in 2018. To provide further evidence, 70 companies pre-registered to attend the company’s open house at its headquarters in High Wycombe last month. A total of 104 people attended over the two days, generating £650,000 of sales.

Managing director David Waghorn says: “The outlook for 2023 is good. The vast majority of our customers are subcontractors and all seem very busy. There are raised levels of activity in the aerospace and oil and gas sectors, both are now booming after being in the doldrums for an extended period, while motorsport is perennially active. Against this backdrop, we needed to employ five new service engineers in 2022 and we continue to recruit more.”
For further information www.hurco.co.uk