Record start to year at XYZ

XYZ Machine Tools says it is breaking sales records with its start to 2021. The company reported its highest order intake for 18 months in February, only for March to exceed that figure. In the last week of March alone, the deliveries of over 30 machines took place. XYZ says that the first quarter of 2021 has proved to be very encouraging and, with the benefit of the Government’s ‘super deduction’ incentive for capital equipment, the company is hopeful that this positive trend will continue.

“February and March have been extremely encouraging, and are confirmation of the positive conversations we’ve been having with customers since the end of 2020,” says Nigel Atherton, managing director of XYZ Machine Tools. “The increase in business has meant we’ve reinstated overtime in the factory and employed additional staff for machine assembly, with further recruitment in the pipeline.”

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www.xyzmachinetools.com