Record sales fuel investment and expansion
With double digit growth in sales in 2020 and record figures already in Q1 of 2021, the company is embarking on a recruitment drive across its innovation and manufacturing departments. It employs more than 200 people at its global headquarters and manufacturing facility in the town.
The company’s multi-million-pound strategic stock of electronic components, used in the manufacture of its VFDs, has enabled it to continue to fulfil global orders with short lead times. This is in the face of a worldwide shortage in components faced by many other electronics manufacturers and the effect of the coronavirus pandemic.
Its 5,500sq metre manufacturing facility located near Welshpool has increased production as a result of demand for its VFDs. Rigorous health and safety procedures to protect employees have ensured continued production throughout the pandemic.
“2020 was a remarkable year for us. Despite the global challenges, demand for our Optidrive VFDs rose throughout the year. Already in 2021, we have surpassed previous records set in our 22-year history,” said Rhydian Welson, Sales and Marketing Director of Invertek Drives.
“Throughout this we have fulfilled all customer orders, including those via our two-day express service. We’ve demonstrated how our approach to holding a strategic stock of components used in production ensures our ability to maintain production no matter what the global conditions are.”
Invertek Drives only build to order, supplying its worldwide sales partner network with stock that is maintained at a local level in more than 80 countries. This ensures production is only targeted where demand is allowing a fast turnaround. Despite significant increased air and sea transportation costs over the past 12 months, Invertek has maintained its competitive edge in the VFD market.
Rhydian added: “We’re currently undertaking a recruitment drive as part of our ongoing investment and expansion in all parts of the business. Production has continually increased and we’re looking to add production operatives to our dedicated team.”
“Our Innovation team is also growing as we design and develop the next generation of VFD technology, and we have several positions currently available for experienced technicians and engineers.
“We’re very proud of what we have achieved over the past 12 months in the face of global challenges and that’s down to the great team we have here at Invertek and throughout the world.”
Further details on the opportunities available can be found at www.invertekdrives.com/careers.
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