FABRICATORS MAKING TODAY’S SKYLINE POSSIBLE
To Our Valued Friends in the Steel Construction Industry... As CEO of Peddinghaus Corporation, I have had the privilege to visit with many of you that are actively involved in today’s UK Steel Construction Industry. Though the global market for structural steel has been difficult, recent economic signs point to upward growth, which is heartening news for us all.
The unprecedented currency valuation between the British Pound, the Euro, and the American Dollar remains something of a monetary anomaly. The
This issue of our STEEL FABRICATORS’REVIEW is dedicated to our good friends and loyal customers here in the British Isles. The past months have been very positive for us, and I wanted to simply say thank you. Thank you for your confidence and dedication to Peddinghaus products and our team that serves you here from Telford. We have counted many new machine installations in the Ireland and the UK the past few months. A short list include the following: Robinson Construction (left) in Derby who have designed and installed a completely new structural line featuring two Peddinghaus BDL drills, two new band saws, and a complete material handling system featuring many, many meters of roller conveyor, interspersed with multiple transfer and work station lines. Robinson still maintains our CNC Anglemaster, Coping system, and multiple automated plate processing systems as well.
exchange rate between the pound and the dollar at the end of calendar 2003 stood at levels never seen in recent history - 1.76. Truly, this affects opportunity to export to the Americas, but conversely, the opportunity to purchase American goods has never been more advantageous. For example, mere currency transactions have enabled certain U.K. firms to purchase new Peddinghaus quality machine tools at substantial savings. Due to the competitive nature of today’s market, fabricators are finding extraordinary value from the USA. Building a competitive edge remains
Billington Structural (left) in Wombley who recently installed a new BDL 1250mm drill and mitre saw system at their site in Bristol. Billington currently maintains two Peddinghaus CNC plate processing systems, and have recently purchased a third which will be installed in a few weeks. article continued on page 4...
an aggressive activity, and the ability to take advantage of state of the art technologies at currency-induced discounts is unparalleled. The only caution is to hur ry before the “rate changes”.