Top 100: Serious semi-conductor shortage fails to put the brakes on car maker

A manufacturer of car parts for some of the world’s most famous marques, and a major Gloucestershire employer, still managed to increase revenue last year despite ‘difficult trading conditions'.

* This Reports and Deals section of Raikes, and its star attraction the perpetual Top 100-plus Businesses in Gloucestershire list, tracks the fortunes of the county’s biggest firms by turnover and will also host an annual ranking of all the companies. And it could be sponsored by your business! Contact andrew.merrell@raikesjournal.co.uk for more information. In the meantime we would like to thank the generous support of our partners - who we will be revealing over the coming weeks - our founding members' and our paid-up subscribers. A massive ‘thank you’ to all our other subscribers too. The support of all of you is invaluable! 

Staff from G-TEKT Europe Manuacturing show off the Made in Britain Award.

It employs nearly 600-plus staff in Gloucestershire, and if you drive a BMW, Honda BMW, Ford, Jaguar, Honda, Toyota, Nissan and Mazda, Suburu, it may well have made a substantial part of your car – right here in Gloucestershire.

The white-label manufacturer of body parts for some of the world’s most famous marques continues to invest in its Brockworth plant, revealing that despite “difficult trading conditions” in its last financial year there were plenty of positives.

Those trading conditions, said Japanese-owned G-TEKT Europe Manufacturing (G-TEM), were created in large part by a world-wide shortage of semiconductors which continued for most of its year ending 31 March 2023 - “resulting in reduced vehicle build volumes and delayed introduction of new models”.

Turnover was up, however, and it is its turnover figure which helps make the firm one of the biggest 100 in the county by turnover, and part of Raikes’ rolling Top 100 Businesses in Gloucestershire listing.

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