Pendle Invests £1m To Boost Bike Rack Production

Pendle Engineering, the sister company of Pendle Bike Racks in the UK, has invested another £1 million in the UK factory to increase machinery and equipment, in order to seize the opportunity to increase the production of bicycle racks and participate in more circular economy.

Just had its best trading year to date in the year to March 2022, and with forecasts that annual sales could double in 2022, factory investment seeks to capitalize on quadrupling sales growth, a trend that appears to be And it didn't slow down. In addition to the bike rack business, the business owner maintains ties with a large number of overseas steel-making businesses.

Commenting on the development, Pendle Managing Director Chris Smith said: "There are a number of factors that have influenced the increased choice of bicycles as a means of transportation; and the increased awareness of the Pendle Bike Racks brand; the quality and quality of the racks we manufacture. A solid reputation and already seeing a spike in online traffic and sales, this marks our best year ever."

Smith added: “The popularity of tricycles and e-bikes means that fitness and balance issues are no longer a barrier to how far you ride, and can make a difference for those who are financially struggling. It's heartwarming how people's lives have changed in the way they move while giving them health boosts and economic improvements. It's been a blessing to see trends in cycling and to be able to help people take their bikes farther place for more fun.”

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