11 October 2017
Employee owned business
Congratulations to Tomlinson Ltd, a BPIF member based in Leicester, on recently becoming an employee owned business.
Tomlinson, which was formed in 1927, has celebrated 90 years in business. The company, which produces hot foil stamping and embossing dyes in a variety of metals, has been based at its Oakland Road premises since 1964. Managing Director Lynne Tomlinson-Hands, grand-daughter of the founder, also has a seat on the Midland Regional Board.
Lynne said, "Our business is based on quality and customer service. You can only deliver this with the input of the whole company, so when considering an exit strategy leaving the business in the hands of the team to continue this ethos seemed a logical thing to do." While Lynne will still be involved in the business for the immediate future, three new directors have been appointed to take the business forward; Ginger Singh Kauldhar, Business Development Director, who has just returned from a very successful Labelexpo, Jon Colburt, Production Director and Jim Littler, Finance Director.
Dawn Reid, Regional Director for the area, added, "The company is a market leader in a specialist sector, so it's great news that the employees now have an overt vested interest in the business and maintaining their great reputation going forward."
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Access the latest edition of the Economic Newsletter for the European Printing Industry for data on paper consumption, and pricing data for pulp, paper and recovered paper. Data for packaging papers and board is also available with this edition.
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