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Wax company hailed by Chancellor Osborne

George Osborne, with prospective parliamentary candidate Rob Loughenbury looking on at Kerax

George Osborne, with prospective parliamentary candidate Rob Loughenbury looking on at Kerax

 

Chancellor of the Exchequer George Osborne has paid tribute to a Chorley business which has been transformed in the recent years.

The politician visited Cowling Road based wax manufacturer Kerax when he was in the area as a guest of prospective Conservative parliamentary candidate Rob Loughenbury.

Mr Osborne chose to visit Kerax due to its recent success.

The wax firm was threatened with closure in 2005 but now employs more than 50 staff.

Mr Osborne, said: “It’s thanks to the hard work of firms like Kerax and their staff that the British economy is recovering.

“From struggling to survive it has become a manufacturing success, providing jobs and security for the people of Chorley as well as selling British goods around the world.

“It’s really important that jobs are being created in places like Chorley.”

Prospective parliamentary candidate Rob Loughenbury felt it was a necessity that companies such as Kerax were recognised.

He said: “I think it’s vital that people are made aware of places like Kerax and Shackerley which we visited in April.

“I wanted the chancellor to come and visit to see a rising business which is constantly improving.”

Ian Appleton, managing director of Kerax, bought the company in 2005.

The company has also managed to take on its first apprentice in a number of years.

Mr Appleton said: “We have taken on an apprentice for the first time since my ownership.

“I want to be able to take on young people and help their development. I came through an apprenticeship when I was younger - we have plans to grow the company and we are looking to invest in new planting equipment.”

 

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