MK reveals 50% sales growth in UAE

The year on year sales for MK have grown by 50% in the UAE.

The year on year sales for MK have grown by 50% in the UAE.

This is 20% in excess of Honeywell’s plans for its ECC business flagship brand in the market.

The unprecedented volume of the company’s business in the Middle East has contributed greatly to its overall financial results, which officials described as “excellent”.

The firm attributes the growth to the construction boom in the region.

Its contract to supply wiring accessories to the Palm Jumeirah project was alone worth over US$3.3 million (AED12 million).

This is the largest single order for wiring devices in MK’s 90-year history, Honeywell md Mike Southgate disclosed.

Describing the Palm Island deal as a huge boost to the company’s standing, Southgate said it had underlined MK’s ability to tailor its products to customer needs as the deal required a different format dataplate to the European version currently listed within its Aspect range.

“The deal also highlighted MK’s high production capacity. Once we secured the order, we had the challenge of delivering within a five-month time-frame.

The manufacturing team at our Southend plant in the UK had to produce more of certain Aspect products than had been sold in the whole year of 2005,” Southgate pointed out.

The firm hopes that the deal will lead to future contracts in the region.

The firm plans to expand the MK range and diversify into markets such as lighting control.

It hasa five-year plan to double sales in the region, counting Abu Dhabi as a key market.

MK products are currently manufactured in the UK, however Southgate confirms: “The firm is exploring opportunities to introduce manufacturing facilities [in the UAE].

If it makes sense to manufacture locally then we will do it.”

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