"Not Stuck for Ideas" presented by Bob Adams
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Turnover is now £20 million per year and the amount of hot melt adhesive produced is 16,000 tons a year. Many household names use the product in their packaging and one of the largest is Kellogs for whom Bob's company supplies all of their European needs. Over 70% of the Bradville production is for export and this is sold to over 80 countries through a network of dealers and partners.
Senior founder, Len Beardow, retired from the business 16 years ago and the private company is now jointly owned by Bob and Len's son. Research and Development is extremely important to the company as new products for the food industry are continually being developed. Other users of the adhesive range are the automotive industry, furniture assemblers and bookbinders for gluing the spines of paperback books.
In 1994 the company received the Queen's Award for Export and Bob was very pleased to have received the award from Her Majesty at Buckingham Palace. The Award was achieved again in 1999 and in 2002 the Queen's Award for Innovation was won. The latter was for developing a low odour product for the food industry.
This year the company acquired the controlling interest in an adhesive manufacturing company in Barcelona and the culture shock has been quite a challenge for Bob and his team. Working practices and the language barrier are an issue that Bob is addressing and he now has to make at least fortnightly visits to Spain. Not daunted by this acquisition, more equipment will be installed at Bradville next year and the company will expand into additional premises.
Bob's story is certainly one of the successes of Milton Keynes and the club wished him well for the future. Members' questions covered such issues as the comparison between Health and Safety implementation in the UK and Spain, packaging issues that affect the elderly, and motivational forces that drive the ambition to continue an already successful enterprise.