Newspaper article The Journal (Newcastle, England)

EXPORTING AWARD Ford Aerospace Limited

Newspaper article The Journal (Newcastle, England)

EXPORTING AWARD Ford Aerospace Limited

Article excerpt

THANKS to a dedicated export team, Ford Aerospace continues to boost its trade across the globe.

After years of trading successfully across Europe and the USA, Ford has now moved into the booming Chinese and Indian markets.

Winning the Exporting Award is recognition for the hard work spent breaking into these new markets and preparing to move into others in Brazil, Russia, South Africa and Turkey.

Ford worked closely with UK Trade and Investment (UKTI) in researching new markets, identifying potential customers and setting up partnerships with distributors and agents.

The new export strategy is paying off: Orders from China are over PS150,000, with over PS1.5m of potential orders.

Business in India is increasing, with potential orders of PS1m. In 2011-2012, sales were PS10.1m with PS1.45m of exports compared with PS9.6m and PS1.1m of exports the year before.

Forecasted sales for this year are PS11m, with PS2m of exports - which could create 20 jobs and safeguard a further 30. …

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