PEA’s Newsletter - May 2022

Welcome to PEA’s Newsletter! See what's happening here at PEA, latest production capacity updates and more.

Our Continued Growth


We are delighted to announce the news that we have been given access to a new warehouse with 5000ft2 of additional floor space, adjacent to our current factory. We mentioned in our November newsletter that this was being negotiated and we are pleased to announce it has finally happened!

After a tough year, this goes to show PEA is built on a very solid platform and our continued growth will create jobs along with products and services that were previously restricted due to capacity and floor space. 

Supply chain


We have seen some recent improvements in supply chain issues, but we continue to remain cautious as we believe this to still be quite a fragile situation. As always, we will do our utmost to mitigate any supply chain issues for our customers. Our added storage space, though not unlimited, will also help to ease any supply issues.

Introductions


As promised, we would like to introduce you to our two new fabricators, Steve Carver and Paul Davis, who have become an integral part of our production team since starting with us in February 2022. You can see more information about our team over on our website.

PEA Production Capacity


Prices


Price increase notifications are still a daily issue. Everything is increasing in price from the detergent used by our cleaner to the Aluminum that forms the bulk of our product offering. Inflation in April hit 9%, the highest level since the early 80s and continues to impact businesses. Again, we will continue to drive efficiencies to mitigate the impact this volatility will have on our customers. Our increased capacity through additional space and our two new recent recruits will help significantly in this area.

Outlook


Despite the difficult issues we are facing at present and the doom & gloom news reports about slowing GDP and possible recession, the PEA order book remains buoyant.



January to April 2022 is up 17% in terms of new orders received and up 8.35% for new orders completed and invoiced. The number of completed orders is expected to grow as our new recruits and added space begin to influence our capacity numbers. We look forward to bringing you more updates in future newsletters.

Testimonials


If you have recently required our services, Paul Evans Architectural would love your feedback. Please feel free to post a review to our profile via google my business: https://g.page/r/CQMt8SIG4z-sEAg/review 

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