In a move that it claims bucks the post-Brexit vote trend in the catering equipment sector, British manufacturer IMC insists it does not foresee any need for price increases across its range of kit.
The company, which makes backbar and undercounter refrigeration, vegetable preparation equipment and waste management systems, recently invested £700,000 in new manufacturing equipment at its plant in North Wales.
And managing director, Steve Witt, said that its focus on local sourcing would shield it from some of the pricing turbulence that is facing other manufacturers selling in the UK.
“The investment we have made in recent years, and the importance we place upon sourcing components as locally as possible, means that to a large extent we are insulated from the effects of the fall in the Sterling exchange rate,” he said.
“By buying integral components from the region around us and using our in-house capabilities to manufacture items that many other companies purchase ready-assembled from overseas we are not only able to ensure price stability in terms of finished products, but also with regards to spare parts.”
Wrexham-based IMC has been engineering catering solutions for more than 110 years. It is owned by the Middleby Corporation.