Brexit is a significant change to the UK’s trading environment and brings with it challenges that many, including Fulton, must face and overcome to continue trading both inside and outside the UK. However, we have numerous, well-established procedures already in place to mitigate any effects to our supply chain.
As a stakeholder you will notice very few changes driven by Brexit and business will continue as normal. Any changes are more than likely a result of our policy of Continuous Improvement and would have been implemented regardless.
Our suppliers, outside of the Fulton Group, are predominantly UK-based and as such we do not foresee any breaks in supply chain. We do not rely on Just-In-Time processes and hold significant stocks of parts and spares, alternatives to EU-supplied parts, as well as pre-built steam boilers.
Our Fulton Group suppliers are not EU-based, so any risk we do face is the delivery of goods from our Group suppliers should the points of entry into the UK become choked and this is not something we can influence directly. However, we have invested significant funds in holding stock products to mitigate this as much as possible.
Fulton Boiler Works (GB) Ltd is part of the Fulton Inc group of companies, which operates across the world. In the UK, we have the full support and buy-in from our parent company and its owners; and we have recently invested significantly to transform the business to introduce better products and a more streamlined service.
We are confident that the procedures, people and expertise within the company will enable us to navigate the coming months of potential uncertainty and minimise any disruptions for our customers and other stakeholders.
