Whilst Brexit has forced many manufacturers that rely on imports to increase their prices, SE Controls has found that its British-made products are at an advantage.
Since the EU Referendum result, the pound’s exchange rate has dropped significantly against other international currencies. Consequently, prices have risen across the construction industry.
The effect of this has been felt by businesses that rely on imported products for manufacture: a large proportion of UK window manufacturing and commercial glazing companies, for instance, depend on overseas suppliers for hardware, actuator systems, and other products.
SE Controls, however, has not experienced the impact of these currency fluctuations. In fact, its UK manufactured product range has benefited; the economic climate has enabled the company’s pricing to stabilise and become more competitive.
As a result, SE Controls has attracted interest from across the industry, with consumers eager to manage their finances more effectively.
As a member of the ‘Made in Britain’ initiative, SE Controls is committed to recognising and promoting British manufacturing. Its production facility has been based in the UK for over 15 years.
Since the drop in the sterling, its British manufactured actuators and control systems have become more price competitive. Meanwhile, other businesses that rely on imported products have been met with higher product costs from their suppliers, leading to an overall increase in price.
Manufacturing in the UK means that SE Controls is able to exercise more control over its quality, costs, and supply chain. Whilst the fluctuations in currency markets cannot be predicted, and the current pricing may only be a temporary advantage, the company is confident that its products will remain popular in the marketplace for many years to come.
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