1 minute read
THE INSIDE SPIN ON PROPELLER INNOVATION THE INSIDE SPIN ON PROPELLER INNOVATION
Despite a challenging trading environment, Teignbridge Propellers wrapped up 2022 having recorded its best year ever, enjoying a 15% increase in turnover. On the back of those results, the company kicked off 2023 with a substantial reinvestment programme that will see both its physical and technological footprint increase to better serve its constantly growing demand. Richard Hagan met with Teignbridge Propellers’ Group MD Mark Phare to find out more.
Teignbridge Propellers, headquartered in Newton Abbot in the UK, is a specialist manufacturer of propellers and stern gear for commercial vessels, superyachts, leisure boats and the defence industry.
Advertisement
The company prides itself on its unmatched combination of engineering expertise and specialist manufacturing facilities that deliver some of the world’s most efficient, durable and high-quality propellers and stern gear systems.
Adding protection
Teignbridge Propellers’ investment programme kicked off at its Newton Abbot head office, where the company has invested in a new 600sqm warehouse.
The warehouse will provide secure storage for completed orders prior to delivery to customers. This new storage space will drive efficiency and shipping cost reductions, according to Teignbridge Propellers’ Group MD, Mark Phare: “While it’s true that most of our products spend their lives underwater and can cope with getting wet without rusting, the new warehouse will ensure that the packaging is kept safe, secure and dry.
“80 per cent of what we sell is exported, and in international shipping, the costs increase for wet boxes and packaging. We’re effectively then paying more to ship water around the world.
“Therefore, the new warehouse will make us more professional in the way that
