Locit appoints CFO amid 2025 growth plans

Deeside-based locker manufacturer Locit has appointed Richard Jones as chief financial officer to support its target of 20 per cent growth in 2025.

Richard, a seasoned finance professional with over 30 years’ experience in manufacturing, joins at a crucial time as Locit reports a 23 per cent surge in Q1 sales. 

He will leverage expertise from roles at Kronospa, Magellan Aerospace and Tata Chemicals to help Locit surpass its projected £7 million in sales by September 2025.

Richard said: “Despite economic pressures, Locit remains resilient, with initiatives like workforce upskilling and operational improvements at the forefront of our strategy.    

“Locit is in an exceptionally strong position to achieve its growth targets. I will focus on implementing a robust costing and pricing structure, ensuring we source the best materials for the best value. 

“There’s a real appetite for growth here, and I’m excited to support our CEO in steering the company to new heights.”

Locit, the world’s only carbon-neutral steel locker maker, produces over 500 designs for clients like Marks and Spencer, Royal Troon Golf Club and Ford Motors.

Richard Williams, chief executive officer of Locit, added: “Richard Jones’ deep understanding of financial systems and his proactive approach to innovation make him an invaluable asset to our growth ambitions. 

“His expertise in manufacturing and finance aligns perfectly with our goals, and his strategic insights will be pivotal as we navigate market challenges and position ourselves ahead of competitors.

“Amid concerns about inflation and rising material costs, we have doubled on innovation and internal growth. 

“Many in our industry are consolidating, but we are confident that we will have a successful year in sales.”

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