Oldbury based Accurate Laser Cutting invests £1m in machinery
Oldbury based Accurate Laser Cutting has recently invested £1 million in three high-powered machines to keep up with production demand after announcing a record £2.5 million turnover.
The firm, which specialises in laser profiling and press-brake work, has also recruited four new employees as part of its long-term expansion plans.
The new investment includes two Byspeed 6KW laser cutting machines costing £900,000 and one Amada 130 ton HFE press brake machine. They are renowned for being the best in the business for their high output speeds, enabling higher productivity rates.
Director of Accurate Laser, Jon Till, said: "We are proud of being part of the UK's manufacturing resurgence and here at Accurate Laser Cutting we are certainly doing our bit.
"The recent investment in Laser Cutting and folding machinery has topped £1 million with a further £500,000 worth of equipment on order for our branch and new depot in Rotherham which will be opened later this year.
"This major investment places us in a strong position to service our customer's demands and gives a solid platform in which to continue our roll-out plan. The record turnover this year gives us more confidence in our business model and will assist in the company's future growth which will come in the form of a brand new manufacturing depot planned for 2013."
A new weekend shift is also being introduced at Accurate Laser Cutting to keep up with increased orders and serve their loyal and new customers effectively.
Mr Till said that one of the firm's aspirations is to establish a depot in every manufacturing city in the UK. The firm is aiming to reach a turnover of £3 million in the next financial year.