Small Enterprises go for Green
Green issues are beginning to take a hold in the UK manufacturing market. A survey by the Manufacturing Advisory Service (MAS) found many more companies are going for businesses involved in low carbon products. The swing follows a worldwide trend in environmental and green commerce.
Over 50% of the small and medium sized business questioned reported that they had adapted their business to the low carbon market. The survey also revealed that 56% were already investing in low carbon plant manufacturing procedures. Roger Parr, the National Network manager for MAS said these were encouraging times.
It shows that manufacturers have started to direct their attention to, the opportunities these markets can create for UK businesses.The worldwide low carbon products and services market is growing rapidly and had a value of £3.2 trillion last year. The market is projected to grow 4% per annum over the next five years and in the UK alone there is a market value of £112 billion.
The move to a low carbon economy could increase business by up to 80% commented Mr. Parr. One manufacturer to have adapted its product to the low carbon markes is already reaping the benefits. The Grantham-based BGB Innovation. saw the potential for our generator slip ring assemblies to supply the wind turbine industry.
As a result they have become one of the leading manufacturers and exporters of the components MAS,who helped BGB become aware its low carbon potential,is hoping other small and medium enterprise manufacturers to do the same. The Manufacturing Advisory Service has a network of experienced manufacturing advisors through its Low Carbon Opportunity Programme.
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