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Stafford businesses encouraged to trade overseas

By Staffordshire Newsletter  |  Posted: August 10, 2014

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MORE than 1,000 jobs have been secured thanks to overseas trade with Staffordshire businesses.

The figures released by UK Trade and Investment (UKTI) show there were 11 Foreign Direct Investment (FDI) successes in 2013/14, leading to the creation of 974 jobs and safeguarding a further 50.

Local enterprise partnership chairman David Frost said the figures, which were taken over the last financial year, demonstrated how attracting overseas investment and driving up exports was vital to the local economy.

Last week, David met with delegates from an Indonesian clothing manufacturer PT Metro Garmin, which has been a customer of Stafford-based ATF Textiles for nearly ten years.

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Company director Tony McNulty said: “Some time ago I was lucky enough to be invited to a formal reception held in honour of the Indonesian president during a state visit to the UK.

“The president spoke about the special and growing trade relationship between the two countries. He reminded me that the UK had so much to offer and Indonesia much to gain if small and medium sized businesses on both sides could get together.”

Hendar Gunawan, general manager of PT Metro Garmin, said: “Our work is certainly made easier thanks to our relationship with ATF Textiles. In 2005 we were making 20,000 garments a month – now we’re making 800,000.” 

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