Sick of customs delays and extra bureaucracy since Britain left the European Union (EU), Farrat, a small manufacturer on the edge of Manchester, is ramping up investment to compensate – in Germany.
The maker of anti-vibration parts for buildings and machinery is growing fast, almost doubling its headcount in the English city over the past five years, but it says Brexit is proving to be an obstacle.
“We are now channelling a lot of investment in setting up production facilities in Germany to remove the trading friction,” said chief executive Oliver Farrell.
“Brexit is materially restricting our growth now,” she added.
Reuters/NAN
Posted in Metro News Africa
