Family-owned brassware specialist Armac Martin has announced that Richard and Rob McGrail have stepped into the roles of joint CEOs.
The brothers take over the reins from joint managing directors Paul and Mark McGrail, grandsons of founder Harold McGrail. They both retired from the business at the end of last year.
Richard McGrail was previously commercial director at Armac Martin and his brother Rob was production director.
In a statement, Richard McGrail said of the move: “My brother Rob McGrail and I have assumed the shared role of co-CEO of Armac Martin and are excited to lead our family business into its next chapter.
“We are extremely grateful to the outgoing directors who leave us with an incredible platform to build from. By basing our foundation in upholding the highest of standards that they have set, which is paramount to our brand identity, we believe we can continue to grow the brand across the world and continue to elevate Armac Martin.”
Speaking exclusively to kbbreview about future plans for Armac Martin, Richard added: “We are very much about investing in our people and we are looking to refurbish our offices, invest in machinery and training. We have grown steadily over the past 10 years, but more rapidly over the past three to five years, and we are looking to continue that. Our sales have doubled between 2019 and 2022 and over half of our sales are to export.
“We have invested substantially in technology and automation to improve efficiency and productivity. We extended the factory four years ago so that we can accommodate more machines and people and have capacity for a further 25% increase in productivity. We are also now focused largely on our own product range, which, in the past, was not always the case.”
Armac Manufacturing Ltd was founded in 1929 by brass founder Harold McGrail and rebranded in 2012 to Armac Martin, manufacturing luxury brass cabinet hardware, shelf brackets and fixtures and fittings. All products are designed and manufactured in-house.
Harold’s son Bryan took over the company in 1988, which he ran until 1997, and opened up export markets around the world from North America to Australia and New Zealand.
The company now employs around 100 workers and all products are designed and manufactured at its factory in Birmingham.