Page 10 - Issue 2 2023
P. 10

NEWS


                             Marking 75 years of innovation






           ocal manufacturer Pratley, a household name in adhesives, electrical products
           and other sectors, celebrates its 75  anniversary in 2023. “It is a remarkable and
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       Lproud moment for the company, especially for a privately-owned family business.
        We are now well into the third generation at the helm. There are few companies
        worldwide that make this milestone,” comments CEO Andrew Pratley.
           Working alongside his family is top of the list in terms of personal milestones for
        Andrew. He formally joined the company in 2005 but worked on the shopfloor in
        temporary jobs during school holidays. “My late father was my mentor. Previously
        working beside him and currently alongside my brother Charles has been the biggest
        privilege. We have witnessed the launch of many world-first products over the years.
        The launch of any new product really excites me.”
           Andrew attributes the longevity of the company to its diverse and extensive
        product range being unlike anything else on the global market, coupled with a   highly competent and hardworking
        reputation of producing high-quality, reliable products. “I think people identify the   staff contingent deserves to celebrate
        brand as an iconic South African name. Also, with having the only South African   this milestone. “Without good people,
        manufactured product to have gone to the Moon, there certainly is an element of   companies do not make it to 75 years.
        pride.”                                                                   It is humbling to highlight that many
           The policies underpinning the company have stood it in good stead during tough   employees began their careers at Pratley
        times. Remarkably, it has no debt, a diverse product offering and is extremely self-  in their early 20s and have retired
        reliant. Much of its production is undertaken in-house, including R&D, marketing,   successfully. It is also a testament to our
        logistics, packaging design and production and even raw material production. Lastly,   high staff retention. We are just one big
        it maintains a 95% ex-store service level, which is measured frequently. “This kind of   Pratley family.”
        service level is usually only found in industries such as aerospace,” remarks Andrew.  Andrew adds that, after 75 years,
           Looking at the current business environment, Andrew notes that while the   a lot of customers remain steadfast
        last two years following the Covid-19 pandemic stabilised somewhat for South   friends of the company and its staff.
        African businesses, that stability has been halted by the prevailing global economic   “Some have been with us for more than
        conditions. “The world goes through these economic ups and downs and that will   40 years. We thank them for their years
        always be a certainty. Things do recover eventually.”                     of loyalty and for ‘sticking’ with us.
           Of concern is the current political and economic landscape in South Africa as seen   We will continue our relationships into
        against the backdrop of a global recession. “For things to improve domestically, we   the future by providing our customers
        need a competent, non-corrupt and pro-business political environment. There simply   with innovative and reliable solutions
        is no other choice. Businesses need people to operate. Make it easy to operate a   to their problems – and in accordance
        business in South Africa and more businesses will open and stay open. Open, happy   with our policy statement, solutions that
        and growing businesses employ people. It is as simple as that,” says Andrew.  outperform all others.”
           Pratley will see the launch of at least two new electrical products in 2023, while   As for observing this milestone in
        some exciting new additions to its adhesive range are also in the pipeline. At least one   the remarkable and ongoing history
        of these will be another world-first. Andrew points out that R&D is and will continue   of Pratley, Andrew concludes: “We
        to be a cornerstone of Pratley. “We are committed to R&D, and we see our future   also have one or two publicity events
        and growth in continuing a long line of new products.” The company invests heavily   planned which will take place in the
        in R&D, both financially and from a human resource perspective. Its recent launch of   second half of the year. These are still in
        an internationally approved and highly innovative flameproof cable gland range for   the planning stage, so I do not want to
        explosive atmospheres is a testament to that.                             let the cat out of the bag too early!”
           Another growth area is the global export market, especially in Africa. With the
        rest of the world facing challenges, the continent offers exciting growth opportunities   Contact Sales, Pratley,
        for Pratley’s electrical and adhesive ranges. “For example, the latter offers innovation   Phone 011 955 2190,
        and reliability that many of these markets have not experienced before. Hence our   sales@pratley.co.za,
        adhesive range is ideally suited to emerging markets where DIY and automotive repair   www.pratleyadhesives.com
        are common.”                                                              https://www.facebook.com/PratleySA/
           As for Pratley’s 75 -anniversary celebrations this year, Andrew says the company’s   https://twitter.com/PratleySA
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