ReleaseWire

Factories Production Increases Due to Oil Recovery, Gradwood Ltd Responds

Posted: Monday, June 15, 2015 at 3:15 AM CDT

Stockport, UK -- (SBWire) -- 06/15/2015 --Leading UK heating supplier, Gradwood Ltd, have recently commented on the recovery of oil which has led to factory production increases in the UK.

A 0.5% growth was noted as the increase took place in March. Analysts predicted a much lower growth, which was in line with the predicted slowdown of UK production through 2015.

The original decrease was due to the drop in oil and gas production in the North Sea, which was due to the falling prices in international markets, but a recovery in March has helped output return to more substantial production levels.

The 0.5% increase, while small, has beaten predictions and has helped contribute to the gross domestic product in the UK, something many analysts thought unthinkable. But predictions have been adjusted taking into account the recent recovery, which is expected to continue into the second quarter of the year.

Factories are predicted to regain their strength throughout 2015 thanks to the oil recovery, and the recent election results have also helped provide confidence for businesses to carry on investing and increasing production.

Often commenting on industry news, a spokesperson for GradwoodLtd said, 'the increase in production thanks to the oil recovery is great news for industries across the whole country, and it goes against the predicted slowdown of factory work in 2015. We hope to see a steady increase throughout the year, keeping production levels for the country high, and people in a job.

Having the right conditions for working in a factory is important though, and without the right heating and ventilation, the work will simply become too much. At Gradwood Ltd we can provide those solutions, and as production in factories increases, the right heating and ventilation is essential!'

About Gradwood Ltd
Gradwood Ltd is a leading UK supplier of heating and ventilation solutions for a wide range of work spaces across the country. Workshops, factories, garages, hangers, sports halls and shopping centres are just a selection of the places Gradwood Ltd can provide heating and ventilation, and prices are competitive to ensure every business has the right equipment in place for their employees to work safely. A variety of sizes for the devices are available too, allowing businesses of all sizes to maintain a safe and comfortable working environment.

To view the full range of heating and ventilation available at Gradwood Ltd, visit http://www.gradwood.co.uk today.

PR Contact:
Company name: Gradwood Limited
Tel: 0161 480 9629
Website: http://www.gradwood.co.uk
Contact person: Tony Davies
Email: tony.davies@gradwood.co.uk
Address: Landsdown House
Buxton Road
Stockport
SK2 6LR