Hitek looks East with valuable new deals in Singapore
Bob Welch, Hitek Electronic Materials' international sales vice president, at a trade show in Singapore.
By Scunthorpe Telegraph | Posted: 27 Dec 2018
Scunthorpe’s Hitek Electronic Materials is set to expand its business into Singapore and the Middle East.
The company designs and manufactures solutions to protect sensitive electronic equipment from electromagnetic fields, corrosion and weathering. Clients include businesses in the medical sector, as well as aerospace and defence.
Working with the Department for International Trade on workshops and support packages, it has attended a major pan-Asian trade show in Singapore, and on the back of it has secured orders worth thousands of pounds, following up with return meetings to explore more opportunities.
Hitek has also worked with regional trade officials to add the United Arab Emirates to current export locations South Africa, France, Italy, Germany and Sweden.
Jim Lawton, managing director of the South Park Industrial Estate business, said: “Although we had relationships with partners overseas that stretched back to the early 2000s, we didn’t seriously begin considering how we could export until 2012.
“We knew that exporting could boost our profitability and resilience, but we still had questions on how best to go about it. In addition to financial support, having access to a trade adviser who knows an overseas market and details like local business customs and tax requirements is a real benefit. The support is out there, and if a company like ours from Scunthorpe can find export success, many others can too.”
Founded in 1985, Hitek has now added three new staff to make it a 30-strong team as export activity increases.
Mark Robson, the head of Yorkshire and Humber for Department for International Trade, said: “HITEK Electronics is a great example of a local business that has made the most of the wealth of support available for British firms looking to find success trading overseas.”