DecTek Continues Expansion with Aid of Loan and Savings
Byline: SION BARRY Business Editor firstname.lastname@example.org
MOVE TO LARGER PREMISES TO HELP WITH EXTRA DEMAND A COMPANY pioneering digital manufacturing of polyurethane resin badges and labels has moved to larger premises at Treforest Industrial Estate to cope with increased demand.
DecTek saw its overall sales grow by 28% in 2012 and the move will enable it to continue expanding. The company anticipates further growth when it launches its e-commerce website in 2013.
The Pontypridd company has combined a PS50,000 loan from Finance Wales with its own capital to fit out the new premises, making alterations and installing new electrical and data cabling, print technology, new production benches, computer hardware and software as well as to equip new storage facilities.
Managing director, Mike Beese set up DecTek with two staff in 2002 and since then has built it into one of the UK's leading producers of high-quality domed resin badges, labels and stickers exporting its products globally.
"The company currently employs over 29 staff and has seen a 10-fold increase in turnover since it was established.
A PS90,000 loan from Finance Wales in 2010 provided the capital DecTek needed to develop and implement a new marketing strategy.
Mr Bees said: "In the last two years we've rebranded and also sharpened up our sales and marketing.
"As a result, we've achieved significant sales growth from our existing client base.
"A key part of our strategy is to expand into new markets such as retail and we now supply cosmetics retailer with colour labels for lipsticks and nail polishes. …