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Investment paying off as orders boom for Yeoman Pressings

A Coseley pressings sub-contracting firm's brave commitment to step up investment in new equipment ahead of the end of the recession has paid off.

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Yeoman Pressings on the Cannon Business Park in Gough Road has invested £750,000 since February 2012 on machines.

Speaking at the Made in the Midlands exhibition, staged at Wolverhampton Racecourse, commercial and technical director Graham Yeomans said: "We started investing when everything was still going downhill. It has paid off because we are now able to cope with the growth in demand.

"If we had not made the investment we could not be able to handle it."

"March this year was the biggest month for production in the entire history of the company.

"We are generating new orders and also winning more work from out existing customer base," explained Mr Yeomans.

He said the upsurge in work that the firm had experienced was more than 60 per cent above last year's level.

"We are now at full capacity and our order book is full," he added.

Yeoman was originally started in 1963 and after it went into administration in 2009 was the subject of a management buyout in January 2010.

"Things are now going from strength to strength. We are winning work across a range of industries, although we don't do automotive work," said Mr Yeomans.

The new equipment added to the sub-contracting company's works included a new punch press in August last year.

It now has four punch presses and four brand new CNC press brakes in operation.

Mr Yeomans said that the number employed at its Coseley factory had increased from 30 in 2012 to 44 this year as a result of the new work it is winning.

Yeoman Pressings, which moved from two sites in Dudley to its current site in 2000, works with its customers in the manufacture of a wide range of metal products and assemblies.

The company has embraced modern CNC punch pressing technology as well as offering traditional processes.

It specialises in producing new products from design and samples provided by its customers and offers them short lead times.

It also provides a number of services on top of presswork including aluminium sawing, ladder fittings and accessories, riveted and welded assemblies and sheet metal work.

The Made in the Midlands' silver member was among 100 exhibitors taking part in the organisation's fifth annual Manufacturing Expo last Thursday.

Yeoman Pressings had a wide range of examples of its metal pressings on show for potential customers to see and had a number of enquiries about potential orders during the course of the day.

Two years ago Yeoman won the manufacturing achievement award at the annual Made in the the Midlands Awards.

This year's awards will be taking place on October 16.

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