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4:20pm Thursday 28th January 2010
LORD Digby Jones has visited leading Worcestershire recycling and waste containment solutions provider Taylor to advise the company on shaping its strategy for building the business in overseas markets.
As chairman of the International Business Advisory Board at HSBC, with which Taylor is working globally, Lord Jones is spearheading an awareness programme to help British businesses connect to foreign markets and take advantage of the opportunities afforded by cross-border trade.
Droitwich-based Taylor, UK market leaders in the manufacture and design of waste and recycling containment solutions, will focus its 2010 growth strategy on the development of overseas markets as a key part of its expansion.
Several local authorities and private waste management contractors in the UK use Taylor’s metal waste and recycling bins. The firm also supplies its core waste and recycling containers to municipalities and waste collection contractors across Africa, the Middle East and Southeast Asia regions. Emerging markets in these countries will play a fundamental role in Taylor’s export strategy.
Lord Jones, a former minister at UK Trade & Investment and ex-director general of the CBI said: “The time is ripe for British businesses to look at opportunities to build their business in overseas markets. It is at times like this that UK business must reach out around the world. The only way this country will successfully and sustainably emerge from its economic problems is to trade itself out of them. There are a number of key global markets of opportunity for businesses like Taylor. The Middle East for example admires British business and continues to demonstrate it is keen to buy from the UK.
“Operating in overseas markets can increase a business’ productivity and competitiveness as well as improving performance in home markets and making a business more resilient to the challenges of doing business in this type of economy.”
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