6.1 C
Lancashire
Sunday, December 22, 2024

Process Instruments targets £1 million in sales with export plans

Burnley-based Process Instruments is targeting growth with the launch of a new ‘Autopool’ product set to be exported to the US, Australia and South Africa, with support from the Department for International Trade (DIT).

The Double Queen’s Award winner has launched Autopool, a product for controlling chlorine in pools, and the system has been designed to reduce the level of chemicals, maintenance and energy usage.

It took the systems it already provides organisations in the energy and water, food and drink and leisure sectors and built Autopool as a cost-effective system for commercial use.

Established in 1998, Process Instruments (Pi) is a leader in designing and manufacturing water analysis instruments and already trades in 60 countries. With a turnover of £4 million, the company employs 35 people with offices, a laboratory and new manufacturing facilities in Burnley.

To help target new markets for Autopool, Pi accessed support from the Department for International Trade’s (DIT) Internationalisation Fund, which helps businesses explore and develop overseas markets. The fund runs until March 2023 and has been designed to give Lancashire SMEs access to match-funded grants of between £1,000 and £9,000.

Mike Riding, Pi’s managing director, commented on the export plans. He said, “Our business has an established reputation in water analysis, and the development of Autopool was a logical progression for the business.

“Demand for the product is strong, and we’ve already had substantial orders placed, but we expect to generate sales of over £1 million within 18 months. Although we have customers in over 50 countries, we needed support from the DIT to help us establish links with new sales outlets.

“The nature of our business means exporting has always been a priority, but the DIT’s support has made it easier, especially with our plans for Autopool. We intend to build on the traction we have in English-speaking territories such as the US, Australia and South Africa, but then move into Asia Pacific markets.”

Vera Grantham is the International Trade Adviser working with Pi. She added: “The Internationalisation Fund grant provides match-funding to enable exporters like Pi to take new products and develop new overseas markets. It helps companies undertake vital market research and find the best way to reach new audiences.

“It’s been great to help play a part in Pi’s success as the DIT has been able to provide export services that have stimulated the business’ growth.”

spot_imgspot_img

Latest

Work starts on new business units at Blackpool’s Enterprise Zone

Work has started to build 11 new business units...

Charity delivers free name stamps to help bereaved families

For families suffering the loss of a child, the...

Creative Christmas card bags girl new books for her school

A seven-year-old girl has won Lancashire Constabulary's Christmas card...

Lancashire businesses make Christmas happen

Individuals and businesses from across Lancashire have donated a...
spot_img

Subscribe to our newsletter

Business Lancashire will use the information you provide on this form to be in touch with you and to provide updates and marketing.

Don't miss

Lancashire businesses make Christmas happen

Individuals and businesses from across Lancashire have donated a...

Meet the real-life Mrs Santa Claus making magical Christmas memories

Imagine being five and being told that you have...

Medicash Names New Chief Executive as Sue Weir Prepares to Retire

Medicash has announced that Sue Weir, its Chief Executive,...

More News

HOUSE OF KHAN: Legacy and History in England – Sir Pasha Isa Effendi Khan II, Founder of House of Khan Limited (1926)

Patriarch of House of Khan Legacy (1881-1948) Sir Pasha Isa Effendi Khan II stands as an enduring symbol of aristocratic refinement and entrepreneurial brilliance, etching...

AGENCY FOUNDED BY LANCASHIRE ENTREPRENEUR SEES £1.5 MILLION IN REVENUE

North West-based creative agency is delighted to report an annual turnover of £1.5 million (300%). This is a record achievement for the company. The agency,...

Soft Play Manufacturers Celebrate Their Thousandth Installation

Lancashire-based soft play manufacturers are rejoicing as they recently reached a momentous milestone of completing their one-thousandth installation. With years of experience in the industry,...