At Abtec we continue to review the effects of a No Deal Brexit and what action can be taken to minimise the impact of a No Deal Brexit to our business relationship with our customers.
Many of our suppliers have manufacturing plants in the EU. For standard product listed on our website we have made arrangements with our suppliers whereby sufficient stock is held in the UK to meet current demand.
However if a comprehensive agreement is not successful between the UK and the EU we believe delays at border crossings and increased cost to import goods (both VAT and import duty) will be an inevitable consequence. It is widely believed that delays of 2-3 weeks are expected.
Over 40% of our business is the manufacture of 'bespoke made to order abrasive products' to industry that have varying lead times. Coated abrasive (belts, sheets, rolls, strips) may only be days but bonded abrasive (precision grinding wheels) will normally have lead time of several weeks.
Customers of 'bespoke made to order abrasive products' should contact Michelle on 0800 027 1928 or +44 (0) 1945 585500 to discuss requirements and how we can alleviate any potential delays. We will monitor the situation, take actions as required and issue further communications as necessary.
Our customer service team is always available to discuss your requirements and how they may be affected by a No Deal Brexit and can be contacted free in the UK on 0800 027 1928 or from outside of the UK on +44 (0) 1945 585500.