Prado Silos closes 2023 with an overall review of the major milestones of this season, a year shaped by major international projects, a promising commercial expansion and a strong commitment to research and technology. Indeed, 2023 has witnessed some extraordinary achievements that confirm Prado Silos’ leading position as one of the world’s most successful silo manufacturers. Around the globe, we have successfully executed 90 new projects in more than 40 countries, underlining the recognition and confidence that clients place in our ability to offer innovative and efficient storage solutions.
Let us take a closer look at the highlights of this successful year, starting with the outstanding sales performance, all the way to the cutting-edge advances in new products and productive resources that have positioned Prado Silos as a benchmark in the silo industry in 2023.
This year, Prado Silos has achieved an impressive growth at global level, undertaking 90 new projects in more than 40 countries. From Mexico to South Africa, Lithuania or the Philippines… our large-scale storage solutions, tailor-made for each project, are being deployed around the world, contributing to the maximization of added value for each specific activity. This achievement represents not only a quantitative increase in international operations, but also an absolute and materialized commitment to excellence and client satisfaction, anywhere in the world.
Overall, 2023 has been an excellent year for Prado Silos in terms of turnover, with an impressive 30% increase in sales compared to the previous year. Indeed, this achievement underlines the continued confidence gained from our clients and also reflects our ability to thrive in a fast-moving and forward-thinking industry.
As we enter 2024, our strong factory backlog provides a solid portfolio of future opportunities, as well as the capacity to develop the exciting projects currently underway. Prado Silos starts the year with machines at full power: this represents a tangible indicator of the confidence placed in the storage solutions manufactured by our company for 70 years in Bizkaia as the cornerstone of our work, thus setting the stage for a promising year to come for the whole team.
Over its seven decades of history, Prado Silos’ commitment to innovation and continuous development has been a guiding principle. In 2023, this industrial and professional philosophy has been translated into significant advances in new products, digitalization of production and process improvement.
The customization of our silos according to the specific needs of each client will always receive the highest priority. Accordingly, this year our teams have further enhanced the ability to provide tailor-made solutions, with flexibility to adapt to the individual requirements of each project.
- A new line of Farm Silos: In response to the changing needs and exacting requirements of the agricultural industry, Prado Silos has launched a new line of silos designed specifically for farming operations. These new silos incorporate selected materials and state-of-the-art technologies to ensure efficient and safe storage conditions in agricultural facilities around the world, thus offering high-quality optimized solutions for today’s challenges in the primary sector.Investment in technology. New laser cutting machines and press brakes: The investment in new state-of-the-art productive equipment plays a key role for Prado Silos, as technology has driven our history and now represents a fundamental tool set to ensure a leading position at the forefront of the industry. In 2023, we have incorporated new digitalized laser cutting machines and press brakes in our production lines. Innovation and automation not only improve the accuracy and efficiency of our silo manufacturing process: every storage solution can be further customized to the requirements of each project in order to meet the specific needs of each client, wherever they might be in the world.
- Prado Silos takes the lead in biomass storage solutions: When it comes to biomass, Prado Silos has established itself as a leader in storage solutions. Consequently, our silos satisfy the most demanding standards in terms of safety and quality, while also integrating forward-looking technologies and a full-scale approach for the storage of organic materials, thus contributing to environmental and industrial sustainability.
- Logistics and continuous improvement: At Prado Silos, the engagement towards quality goes beyond our products and continues throughout the entire value chain of the silo manufacturing procedure, culminating in the client’s final experience. In this line, significant improvements have been implemented in 2023 in both logistics and packaging, to ensure safer and more efficient deliveries, further strengthening the guarantee of excellence throughout the overall process. Furthermore, the relentless pursuit of this excellence drives us to explore new materials and implement a policy of continuous improvement in the quality of all our silos. This proactive approach ensures that every product bearing the Prado Silos brand name meets the highest standards of durability and performance, fully in line with our clients’ expectations.
At Prado Silos, our most valuable strength lies in the talent of our team, our vast experience and our ability to adapt to the changing demands of the market. In 2023, some strategic recruitments have been made to reinforce our teams and boost our global presence. For example, we have reinforced our technical team as we are aware of the importance of maintaining and raising the technical standards that have characterised Prado Silos for decades. Recently, new highly qualified and experienced professionals have joined our staff, bringing their know-how to further enhance the excellence in silo manufacturing and ensure the continuity in terms of quality expected by our clients.
Meanwhile, this year also saw the expansion of the sales team in the Middle East-North Africa and Asia regions. The incorporation of new members with expertise in these areas of the world not only provides us with deeper local insight, it also provides the appropriate business philosophy for stronger connections with clients and strategic partners in these fast-growing and high-potential regions.
The new additions to the technical and commercial teams represent an investment in skills and knowledge that will significantly improve Prado Silos’ capacity to meet future challenges and capitalise on emerging opportunities in these strategic markets. With the new recruitments, Prado Silos reflects its long-term commitment to business development, a forward-looking human approach and an exceptional focus on the client, which all have been fundamental pillars in the history and success of this company.
In 2023, the Prado Silos team has been travelling the world to play an active role in major international trade fairs such as VIVAsia , Expo Pioneros del Chaco, the Rice Market & Technology Convention and AGRITECHNICA . These excellent trading platforms unite thousands of professionals in the agricultural sector during global events, providing a forum to articulate the intricate challenges faced in global crop production and engaging in discussions to devise solutions for these issues.
For Prado Silos, these trade fairs represent excellent opportunities to present new products, build strategic connections and consolidate our position in the global marketplace. Above all, reconnecting with professionals, clients, partners and suppliers from around the world remains vital to stay at the forefront of an industry focused on tackling the ever-increasing challenges of agricultural production.
In short, 2023 has been a journey of success and global expansion for Prado Silos, with 90 realizations in more than 40 countries, a 30% sales increase and a solid project backlog for 2024. The addition of new members to our team and the implementation of new production resources highlight our constant commitment to excellence and a flexible approach to meet the needs of the market. Finally, we would like to sincerely thank our clients, partners, collaborators and, above all, the Prado Silos team for a successful year marked by a series of significant achievements. As we look to the future, we are eager to continue driving the standards of our craft higher and to keep growing in the exciting world of silos, beyond expectations and exploring new opportunities for the next chapter of our history.