Rustons Technology Ltd latest news
February 2010
Rustons at key industry show
We are attending the Southern Manufacturing & Electronics exhibition on 10-11 February 2010. We will be showcasing our complete outsourcing capability which is proving more and more attractive to UK companies wishing to either outsource their manufacturing to focus on sales and design, or want to bring manufacturing back to the UK from overseas. Contact us if you are interested in going and would like a ticket.
January 2010
Sunday Times highlights how manufacturing is returning to the UK.
A major article in the Sunday times on 3 January focused on how many companies are bringing manufacturing back into the UK after moving it overseas has not proved as effective as expected. The problems with overseas manufacturing were highlighted as, poor quality, long lead times, fear of intellectual property being stolen and much lower costs saving, if any. This article reinforces our experience over the last few years and confirms our belief that our blended outsourcing model based in the UK provides major benefits for UK companies. See our outsourcing section for more details.
July 2009
UK manufacturing industry decline 'could be over by autumn'.
The decline in the UK's manufacturing industry could be over by autumn, according to an author of the Chartered Institute of Purchasing & Supply's (CIPS) Purchasing Managers' Index (PMI). The PMI reached a 12-month high of 45.4 during May.
Roy Ayliffe, a director at CIPS, told the Telegraph that if this growth continues then the PMI could reach 50 by the autumn which he says would be "significantly earlier" than economists predicted. The PMI also shows that the new orders balance rose from 46.1 in April to 48.9 in May.
To read more on this story go to:
March 2008
Management buyout ensure growing future for Rustons
In March 2008, Rustons went through a successful management buy-out and re-structuring. This has resulted in significant investment in the company, and a strengthening of our management team.
The entire senior management team have invested personally, and we have strengthened our board of directors with new expertise.
David Houghton, MD of Ruston Technology Ltd (the new name for the company) said “I have been looking to build the management team and get new investment to help us drive forward for some time now. I am delighted that this has been achieved, and I firmly believe that this move will really strengthen us as a company, and our ability to serve our customers even better in the future.”
The picture shows the new Rustons Board of Directors. From left to right:
Robert Sargent – Commercial Director
Chris Ball – Finance Director
David Houghton – Managing Director
Bob Edwards – Sales and Marketing Director
December 2007
“Stranded overseas”
An extensive article in IET magazine (the magazine for the Institute of Engineering and Technology – formerly the IEE) covered issues with companies going overseas for their manufacturing. Particular problems included:
- Little or no understanding of real costs
- Overestimating the benefits
- Compromising on quality
- Costs of managing the overseas organisation
- Not being able to change when other locations become more competitive or transport costs change.
This reinforces the our approach of balanced manufacturing where we select the most appropriate location for each individual component or sub-assembly and combine them together for the customer. It also means the customer only has to deal with a UK based organisation – even though they may be taking advantage of overseas manufacturing benefits.