ACR-News

 

Orders soar for Hi-line Industries after Brexit vote

Hi-line Industries, the UK manufacturer of compressed air handling and purification equipment, has enjoyed its most successful period ever following the Brexit referendum vote in June.

Hi-line Industries, the UK manufacturer of compressed air handling and purification equipment, has enjoyed its most successful period ever following the Brexit referendum vote in June.

At the company’s year-end in July, turnover increased by a record 28%. Following its new financial year beginning in the summer period, orders have continued to increase at strong levels particularly on large projects.

Since its inception in 1999, Hi-line has expanded year-on-year, enjoying steady double-digit growth. However, the surge in demand for British-manufactured goods since the Brexit vote is unprecedented. Together with a weakening of the pound against the euro, this has stood Hi-line well in the export market.

Hi-line is witnessing a growing number of companies in Europe using the currency fluctuations to their advantage by buying British. However, from the UK too, there is growing demand with an increasing number of British brands trying to support other national manufacturers by placing orders in the UK.

The company is part of the Made in Britain campaign and, wherever possible, also chooses to source wholly British materials to build its flagship compressed air purification equipment. As a result, following a strong recruitment drive in December, Hi-line is taking on more engineers and office staff in January to help with the increased demand for their air dryers, adsorption dryers, nitrogen/oxygen generators, filtration equipment and condensate management technologies that 2017 will bring.

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