Using this prestigious milestone as a springboard, the management team at HMG plan to continue the company’s transformation into the UK’s largest independent paint company by setting out plans to achieve growth of 50% by 2020.
Herbert Falder founded the company in October 1930 manufacturing and distributing cellulose capping solutions for sealing bottle tops. History and continuity are essential to the identity of the company and today, with a fourth generation of Falders working at the company, HMG continues to produce a wide variety of innovative industrial coatings.
Current Managing Director and BCF President, John Falder, is the founder’s grandson and is proud of the stability and passion that his family business offers to its customers. “Because HMG is family owned and operated, we are able to offer customers the reliability and continuity of long term service that can be so important in challenging financial times. With future generations of the Falder family currently working within the HMG, I am confident that the company will remain just as passionate about paint for another 85 years.”
HMG bucked the trend in 2010 by surviving and consolidating its position in the market during the global recession and emerging as the UK’s largest independent industrial coatings manufacturer. Since then, HMG has created the foundations for growth and has significantly invested in the company’s facilities, infrastructure and workforce.
After being selected to receive a grant from the Regional Growth Fund in 2011, HMG created a centre of excellence focussing on the development and manufacture of new, water borne coatings technologies. Research and development has always been a cornerstone of the company and HMG continue to develop innovative, high specification, bespoke products for global, industry leading organisations.
In 2013, the company established The Riverside Training Centre: a pioneering innovation, development and application training facility based on site in Manchester. The centre now hosts regular, hands-on training programmes focussing on application, product information and health and safety, further reinforcing HMG’s reputation as a technical leader in the market.
Investment was also placed in the construction of a new colour tinting department to cater for increasing demands from HMG’s distribution customers. HMG’s ambitious plans hope to further expand a distribution network that already boasts 70 outlets throughout the UK and the Republic of Ireland.
HMG also looked to secure the long term future of the company by investing in the development of a talented, young workforce. The company currently employ eight apprentices that focus on production, marketing and administration, research and development, and colour creation. Encouraging personal development has always been fundamental to HMG’s culture, and in 2014 the company was rewarded with Trafford College’s Commitment to Training Award for Science and Pharmacy.
Last year HMG manufactured a record total of over 3.5million litres of paint, generating a turnover of over £16.7 million: an 8.4% boost on the previous year. HMG’s Sales Director, Danny Cleary, is confident that the company can continue to grow and hit its ambitious targets before its 90th anniversary in 2020. “2014 has been a phenomenal year for HMG Paints, securing profitable partnerships with global organisations, developing innovative new coatings products, and generating the company’s highest ever turnover. With our state of the art manufacturing and laboratory facilities, committed personnel and nationwide distribution network, we are confident of meeting our ambitious goals.”
If you require further information on the press release, please contact:
Stephen Dyson
HMG Paints
Communications
sdyson@hmgpaint.com
0161 205 7631