Republic of Ireland agent appointed

JJ Stafford (Engineering) Ltd was founded by Jim Stafford in 1977 to offer a re-covering service for rubber printing rollers and quickly became the Number One supplier of roller solutions in Ireland.

   The roller business gave the Company the skills and experience in materials coverings that it enjoys today.  A wide range of materials are offered, including nitrile, neoprene, natural rubber, Rilsan®, EPDM, ebonite, Hypalon®, and others.

   Over thirty years the Company extended its offerings in general engineering and precision engineering to serve hundreds of customers across a  broad range of industries.

   JJ Stafford owes its position today to quality engineering and First Class service.  The Impreglon technical sales agency for the Republic of Ireland continues this tradition and increases our portfolio of services for existing and new clients. The agency represents a positive step forward and is expected to open up new and exciting avenues for both JJ Stafford and Impreglon.

Leadership

Following the retirement of the former Managing Director of Impreglon UK, the former Works Director, Colin Moore, and the former Sales Director, Guy Williams, have been promoted by the Group Chairman, Henning Claassen, to Director/joint COO to run the company.
The new leadership will benefit both staff and customers as Colin and Guy intend creating a more open and forward thinking working environment. In addition, there will be more investment in plant and equipment which will broaden our appeal.

2011 half year Group results announced

The record numbers for the first half of 2011 have confirmed the excellent results of the first quarter.Comparing 2011 with 2010, sales are up by 43% to 36.481 million Euros with net profit up by 399% to 2.675 million Euros and this despite the seasonal low number of production days in the second quarter.
The strong increase in sales in combination with convincing earnings per share is mainly due to continuous demand within the OEM and automotive markets. The improved utilisation of production capacity, the start up of new technologies and the latest acquisition of a new production site in the USA should help the strong performance to continue in the second half of 2011.

Latest acquisition in the USA

Continuous growth for Impreglon
Plant No. 20 in Baltimore, USA
What CEO Henning J. Claassen already indicated at the shareholder meeting on June 27, 2011 is now official: Effective July 1, 2011 Impreglon acquired 'Applied Coating Systems, Inc.' ('ACS') of Baltimore, Maryland. The third coating plant on the East coast of the United States closes the gap between the existing sites in Atlanta and Boston. In addition 'ACS' offers new coating processes to the group as well as new customers in the larger Washington area and the surrounding states of New Jersey, Pennsylvania and Virginia.
This represents the third acquisition for the group this year. The parties agreed not to disclose the purchase price.
With 21 locations in 10 countries Impreglon is one of the leading companies in the field of surface technology worldwide. For 2011 the Impreglon Group expects to increase sales by more than 30%, exceeding 70 million Euro.

Zinc thermal diffusion

The Impreglon UK website has been updated to give more information on the Zinc thermal diffsuion (ZTD Coat®) process we're offering.
Metallurgically the same, ZTD Coat® has superior benefits over the old fashioned Sherardising process. For example the coating thickness is more consistent and uniform and there are no size limits as the process does not reply on tumbling.
For more information, go to www.impreglon.co.uk.

Impreglon UK expands again!

May 2011 saw Impreglon UK purchase the lease of our neighbour's premises.

Our industrial neighbour is moving to a larger factory so we took the opportunity to take on their existing pfactory to give us room for expansion. The Impreglon Group now has a far greater product range at its disposal since Impreglon UK first moved to Kingsbury Link and even though we extended the factory in 2009, we need more space for new technology.

The new factory, pictured below in its current livery, comprises of 12,000 sq.ft. shop floor space, an air conditioned test and inspection room, overhead cranes and extensive grounds for possible future expansion.

The new technology scheduled to be installed into the new factory is a Zinc Thermal Diffusion plant and a laser stripping unit. For more details on ZTD and laser stripping please contact Impreglon UK sales on 01827 871400.



Impreglon UK's new premises. The existing factory can be seen to the left of the picture.

First quarter 2011 results reported

After convincing numbers in the last quarter of 2010 the first quarter of 2011 confirmed these with record results. Aside from a strong 47% sales increase to 18.231m Euro, the rise of EBIT and EBITDA margins by over 100% is even more impressive. With 19 cents against 10 cents in the first quarter of 2010, earnings per share almost doubled despite an increase in the total number of shares by 29%.
The additional production capacities created prior to the world economic crisis, which proved to be costly and counterproductive during the crisis, now produce positive results due to the increased turn over. The same applies to the cost saving measures implemented during the crisis. The constant flow of new orders, several new sustainable coating processes due to be released soon and the continuation of the successful 'Buy & Build' strategy should also lead to record numbers for the full year of 2011.