Chairman David Fox took the plunge in 1981 when he bought Power Panels, at that time a manufacturer of control panels and switch boards. He has since turned the company around, carving out a niche position as a designer and manufacturer of control systems for the food processing, packaging, printed circuit board and semiconductor industries. Despite growing competition from China, the West Midlands company has remained profitable and achieved sales growth of 40% a year from £6.2m in 2003 to £12.1m in 2005.
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