We have recently invested over £100,000 in a new state of the art coil press to improve our capabilities and strengthen our offer to the market. In addition we have also invested a further £200,000 in the redevelopment of our rail division premises, including new energy efficient stoves, LED lighting and a full electrical upgrade to streamline processes and enhance the factory.
Michael Mitten, CEO of Houghton International, commented: As a business we are continuing to grow year on year and are prepared to invest in our future. These most recent investments support our future growth plans and improve our efficiency.
The new press will allow us to manufacture coils for larger scale projects, significantly increasing our size capability to 4.5m. The new machine is highly accurate and consistent, enabling more precise data recording for improved quality and fit. It’s also very efficient allowing us to be more responsive and offer shorter lead times to our customers around the world.
Additionally we are seeing a much broader range of work coming through our rail division from a wider range of customers. Investment in this area allows us to scale up and benefit from process and production efficiencies allowing us to maximise these growth opportunities while minimising our environmental impact.
The investment comes off the back of our most successful financial year to date and supports our future growth.
The business growth was supported by a grant from the Regional Growth Fund Let’s Grow programme. Let’s Grow is a £30m fund which is delivered by BE group in partnership with Trinity Mirror Group and UNW LLP which provides grant support for capital investment and R&D projects that will create new, sustainable jobs within the region.
In addition to investing in plant and machinery we also recently welcomed three new apprentices and three trainees to our 86 strong team based in Walker, Newcastle.
To find out more about our current capabilities or to request a quote contact our Technical Account Manager, Stuart Whitfield on +44 (0)7932 016263 or firstname.lastname@example.org.