Rebuilding economic growth through strategy development

Yorkshire-based engineering company Produmax, global experts in flight control components and assemblies, credit their collaborative journey with IfM Engage, Institute for Manufacturing, as crucial in helping them recover from COVID-19 and succeed in a volatile global market. Since 2014, IfM Engage has been working collaboratively with the team to develop their strategy for doubling turnover to £10m by 2020. Prioritisation tools and strategy development workshops helped develop the strategic landscape for the company. By the end of 2022, Produmax revenue had been rebuilt by nearly 90%, with a further 40% growth projected for 2023.

Added 22 March 2023