Grayson sales go above pre-Covid levels
Birmingham-based Grayson Thermal Systems, has sealed a string of new contract wins that has seen it take sales past pre-Covid levels.
The designer and manufacturer of cooling and HVAC products to the transport sector has secured more than £8m of orders from customers including ABB, Solaris, Skoda and Wrightbus. Group turnover has now risen to £32m and more than 40 new jobs have already been created, with another 12 positions now available across engineering, operations and administration.
The company’s new Battery Thermal Management System (BTMS) proving popular with its core bus and coach market, as well as recent expansion into off highway, commercial vehicle and rail sectors. The BTMS is designed to help regulate the temperature of electric vehicle batteries, providing optimum temperature control that is critical to their function and operational life, not to mention reducing overall vehicle-life costs. The product is offered in two options; the standard BTMS can be used in up to 45°C ambient, whilst the high ambient BTMS is suitable for up to 50°C and can be packaged in a number of locations on the vehicle, including rooftop or into the chassis/body.
Matt Hateley, European Sales Manager at Grayson Thermal Systems, said: “Like many manufacturers, Covid-19 caused a fair bit of disruption to day-to-day activities and a temporary drop in sales, but what it did give us was the opportunity to accelerate new innovations, focus on product R&D and improve our manufacturing capabilities at our three sites in Birmingham.
“Our customers were also keen to spend some of their downtime exploring new thermal management solutions for their vehicle range and this action is definitely paying off with 25% growth since pandemic restrictions eased in early 2021, with a multi-million-pound pipeline of opportunities to take advantage of in 2022 and beyond.”