Erodex Group celebrates growth and investment
A Halesowen company has invested £1.75 million in machinery and premises as part of an expansion strategy which has included record orders for a newly formed toolroom and diversification in product ranges.
As a result, for the third year in a row, Erodex Group has set record levels for total revenue while also bolstering its workforce with an additional 17 new employees.
Erodex, a leader in the field of supplies for EDM – electrical discharge machining, or spark erosion – graphites and graphite machining is now celebrating 20% growth over the past 12 months.
Director Steve Rolinson said: “We are extremely pleased with the progress of the company over the past 12 months, not only with regards to the ongoing success of the new tool room following our investment in that, but also in increased market penetration for the provision of our graphite materials and EDM supplies.
"We have established ourselves as a market leader for a variety of sectors, enjoying strong relationships with blue chip customers. It is clear that the market has started to realise the benefits of utilising graphite over the more traditional material, copper in their EDM process."
He added: “As the UK leader for EDM graphite supplies and graphite machining, we are constantly on a journey to help our customers improve processes. For example, recently we have reached an exclusive agreement with Houghton International to handle all UK distribution for their Dielectric EDM Fluids.
"For 15 years we have been supplying a product made in Canada called Commonwealth Dielectric EDM 244 and Super Supreme. The company producing that was acquired by Houghton and the production of that dielectric has been brought back to the UK as a result.
"We are extremely pleased that Houghton demonstrated such confidence in us by establishing our own exclusive agreement with them."