Xtrac

 

e: sales@xtrac.com

w: https://www.xtrac.com

Xtrac

Based in Berkshire in the UK and Indiana and North Carolina in the US, Xtrac is a prominent ambassador for the UK’s world-renowned motorsport industry.

Established in 1984, the company employs almost 400 highly qualified staff, including those trained through Xtrac’s award-winning apprentice and undergraduate schemes to work on global customer programmes, supplying world-class transmission and driveline products, including gearboxes, differentials, and gearchange systems. It exports 70 per cent of its manufacturing output to Asia, Australia, Europe, South America and the US.

Xtrac has won numerous awards for its apprenticeship and undergraduate training programmes, with one in seven employees starting with the company as apprentices or undergraduates. Indeed, its first-ever apprentice Simon Short, who joined the company in the early 1990s, now holds a senior role in Xtrac’s North American operations. A third of the apprentices and undergraduates trained over the past 30 years remain with the company.

In 2017, Xtrac was subject to a successful buyout by UK-based Inflexion Private Equity, supporting the senior management team and Employee Benefit Trust; its award-winning share scheme established in 1997 when then managing director Peter Digby led an inspiring management buyout that included all employees. Working with government, industry and academic bodies, Xtrac’s apprenticeships, undergraduate and postgraduate training, and tailored personal development are available for all staff members.

Xtrac works mainly with the high-performance automotive sector alongside its traditional heartland of the motorsport industry. The company aligns with the UK government’s industrial strategy and Automotive Council agenda for net-zero emission vehicles. Customers of its high-performance automotive and motorsport business sectors rely on its specialist expertise, augmented by the company’s substantial investment in research and innovation supported by advanced design, engineering and manufacturing resources.

Xtrac is committed to pursuing an ESG agenda in which it is dedicated to environmental, social and governance improvements that engender a sustainable future, and which combine with providing an inclusive, diverse and safe work environment with strong links to our local communities in the UK and USA guided by ethical governance.
— Stephen Lane, Chief Financial Officer