2018 Irish Enterprise Award
EU BUSINESS NEWS / 2018 Irish Enterprise Awards A Best Fire Fighting Pump Manufacturer 2018 g a lack of answers that no one really knows what will occur with Brexit. There are two areas of interest for our firm regarding how Brexit might affect us. The first is if there will be a hard border between the Republic and Northern Ireland. The ease of commerce of today moving across borders has allowed companies to expand and grow in both countries. The soft border has quieted the dispute between the factions and this has also contributed to the growth of business in both countries. With that said, Patterson Pump produces what is considered critical equipment and people and their buildings still need to be protected. As such, we do not see us being shut out of the UK market. “The second concern for Patterson Pump involves customs borders. Our product is exported from Ireland to Europe but it first goes through the UK before its journey continues to Europe. Our pump sets have to cross two bodies of water to reach Europe. The possibility exists our product will be hit with custom duties as it passes thru the UK. Obviously, this will be a challenge. “However, Patterson Ireland feels the free EU market will develop a way to avoid going through the UK altogether. Options exist for Irish product to be moved directly to France let’s say and it will never go through the UK. Never underestimate the adaptability of the free market as it usually finds a way to be efficient and productive. “Ultimately, one of our core strengths is its flexibility. We have always adapted to changes in the market and have always been well placed against its competition. Foreign markets change and so to succeed Patterson Pump will adapt to succeed.” Best Fire Fighting Pump Manufacturer 2018
Made with FlippingBook
RkJQdWJsaXNoZXIy NTY1MjI4