Northern Industrial enjoys best ever year

International expansion and the launch of a new service helped Blackburn-based Northern Industrial to a 20 per cent increase in turnover and its best ever financial year.

The company's facilities hold approximately £10m worth of rare and obselete parts, housing more than 200,000 part numbers sourced from over 1,350 manufacturers. Serving 146 countries, Northern Industrial supplied more than 4,000 customers last year.

A facility in Mexico City opened in December 2020, its first overseas operation, with its Spanish and English-speaking team positioned to better serve the USA and other major South American economies.

In November 2020, SparesVault was launched aimed at safeguarding manufacturing businesses from downtime during obsolete equipment breakdowns by offering guaranteed access to a bespoke automation spare parts inventory.

The Sell to Us campaign sees Northern Industrial more actively reaching out to manufacturers with end-of-life machinery and offering to buy it to save it from materials recycling. The success of the campaign has helped Northern Industrial increase its stock of reconditioned parts and machinery, which are then sold under warranty across the world.

David Lenehan, managing director, said: "We are extremely pleased to report our latest financial results, especially within the context of recent global events.

"We cannot attribute our success, like some companies, to any specific Covid-related pivot and no new markets have opened up to us due to the pandemic as they have for some companies. What we can say, is that we believe our growth is testimony to having developed a really strong infrastructure, with the development of our sales team, headed by our head of sales Michelle Moore appointed at the end of 2019, having played a big role.

"Our move towards the Americas as a new market could possibly be seen as a post-Brexit move, but is actually more of a normal progression in our growth as we seek to service global markets more efficiently."

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