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Promising Start to 2010
With the difficulties of 2009 hopefully behind us, we are cautiously optimistic about 2010. Using last year's volumes as an indicator, we expect this year at least to be more stable and therefore planning easier. We have had a satisfactory start to the year. Our diversification strategy has achieved significant success.
We now supply a very special product to the satellite telecommunications sector.
We are not permitted to reveal to many details but can say one of the end customers is Sony Ericsson and we are exporting to Europe and Asia. A major driver for the new product has been the smart-phone and i-phone. Significant investment has been made in plant, machinery, design capability and people and our quality systems have been upgraded to a much higher lever to satisfy a naturally very demanding satellite telecommunications sector. We have also secured a significant new contract in our core industrial packaging market. Both these projects will provide job security, create new jobs and require further investment. On the negative side, indications in Europe are there will be significant upwards movement in steel prices in the near future.
Our packaging accessory distribution venture started early in 2006 continures to be successful. To assist with this and other projects, we are delighted to announce we have engaged the services of Malcolm Cousins, former Greif Commercial Director and UK factory manager. Malcolm is well respected by all in the industry.
In conclusion, we at Berger Closures sincerely hope we have your support and understanding on the many varied, difficult and challenging issues facing us all in 2010
If you have any queries, please do not hesitate to contact us.
We assure you of our best service at all times and look forward to continue working closely with you.
Yours sincerely
Richard Swart Managing Director Berger Closures
Tel: -- 44 (0) 191 518 0988 Fax: -- 44 (0) 191 586 3341 E-Mail: info@bergerclosures.com
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