BECAUSE INDUSTRY NEVER STOPS.
Updated: Sep 24
The Flotec industrial mission is to be a trusted supplier of hydraulic, pneumatic and pipeline products and services to industries which have a need for this offering.
Flotec Industrial Limited has a story to tell.
A gem of a company nestled deep within the County of Leicestershire UK; Flotec is proving precisely how valuable the SME community is, specifically within the industrial, manufacturing and engineering industries.
Flotec was incorporated in 1995 by its current Managing Director, Julian Davies.
The original business model was to capitalise upon Julian’s engineering prowess; to provide hydraulic, pneumatic and pipeline products, services, and solutions to an eclectic mix of industries within its local UK East Midlands area.
In 2020, Flotec celebrated twenty-five years of successful business activity.
SME Flotec Industrial Limited continues to innovate, adapt, evolve, and expand.
Innovation itself, is a critical success factor in contributing towards the organisations continuing growth and future success.
According to the 2019/2020 UK Manufacturing Review:
“Manufacturing is vital to the region’s overall economy, contributing nearly 17% of its total output, well above the UK national average of 10%.”
“Its recent growth is reflected in the employment figures, with 8000 new jobs created in 2019, lifting manufacturing employment to its highest figure for 15 years. The area has a rich heritage in aerospace and automotive, with global brands of Toyota, Bombardier Transportation, Caterpillar and Rolls Royce having a large presence in the area but it is food and drink that remains the dominant sector.”
Considering local rail activity, Flotec has in recent years capitalised upon this lucrative market by developing a dedicated Flotec Rail Division.
As we shall discover, Flotec Industrial Limited is more than just rail.
The East Midlands is a thriving, vibrant, exciting, and eclectic hub of industrious manufacturing and productivity.
Indeed, there is a great need to invest within the UK East Midlands region whilst recognising that, SMEs such as Flotec Industrial Limited are a vital lifeline to this regional manufacturing sector.
Some additional East Midlands manufacturing statistics include:
£17.2bn total manufacturing output
12.8% manufacturing as a percentage of regional employment
306,000 total people employed in manufacturing
Of course, manufacturing also plays a major role throughout the United Kingdom.
FSB reports that SMEs such as Flotec account for 99.9% of the UK business population whereby, manufacturing plays an intrinsic role.
SMEs account for three-fifths of UK employment and around half of turnover in the UK private sector.
UK turnover is estimated at £2.3 trillion (36%).