Enterprise Pondering Wales winner: Chepstow Plant Solutions
Chepstow Plant Services has been chosen as a regional winner for Wales in the HSBC Enterprise Considering initiative. 
Following its nomination as a Wales regional finalist and Believed Exchange go to to the UAE, Chepstow Plant Solutions has been declared a regional winner in the HSBC Organization Contemplating initiative.
When compere Gavin Esler asked how Chepstow Plant Companies will invest its Enterprise Considering award, managing director Jon Williams quipped, “Ask my wife. She’s a 50pc partner.”
He wasn’t joking. The firm, which buys and sells 2nd-hand building and mining excavators and diggers, was set up by Mr Williams over a Chinese takeaway in Chepstow in 1998.
Because 2007 it has been owned and run jointly with his wife Sian, a former chief executive of Basic Electric’s plant company in the United kingdom.
Now based mostly in Newport, it has a turnover of £21m, 12 workers and customers in more than 120 nations. Mrs Williams, a chartered accountant, is a director and 50pc shareholder.
“I truly feel euphoric,” explained Mr Williams about the award, which provides Chepstow entry to lending of up to £6m and a monetary reward of up to £120,000. “I did not dare hope that we would win. Though I am a aggressive man or woman I would have enjoyed the method without having winning. But obtaining won, this is now magnified several instances.
“It is great for our group as properly – simply because they place the pitch collectively and they are the ones who drove the early component of this method.”
Asked what the funding will be spent on, he explained: “We are expanding our company in Africa to get on a lot more servicing and parts for the buyers we are currently promoting equipment to. We are all above Africa. Wherever there are mines, we are efficiently supplying machines. At the second, our busiest regions are Australia and Africa.”
Mrs Williams extra: “We purchase second-hand and some new development tools, primarily in the Uk and Europe, and we export it. Some 95pc of our turnover over the final number of years has been exports.”
Mr Williams said sourcing the machines is just as critical to the organization as selling them. “We have just bought a package of second-hand autos in Borneo to ship into a key hub such as Singapore and then sell them on from there,” he mentioned.
“Our buyers are extraordinarily crucial to us, but our suppliers are just as critical because if the suppliers do not deliver anything at all, we haven’t acquired something to sell.”