To sum up 2019 with a boost in production, the UK-based fast-growing die casting foundries Midland Pressure Diecasting Limited (MPD) has invested £250,000 in the installation of a new fully automatic aluminium diecasting machine at its Willenhall facility.
{alcircleadd}This new investment is reportedly expected to enhance the efficiency of the facility by creating an additional 20 per cent capacity and generate new jobs locally.
Plant investment is an area which the company always gives a higher preference as part of the ambitious expansion plans. They also encourage their employees to present new ideas for improvement projects and spending suggestions.
Ash Suman, Managing Director at Midland Pressure Diecasting, said: “We are always looking at company improvements, whether via investments into plant, processes or our people. For the most recent example, we decided to look at how we could become more lean, which, in turn, would also introduce a host of operational efficiencies and, importantly, additional capacity.”
He also said, “The implementation of this new machine is the first part of our restructuring strategy and the target is for it to be operational before the end of the year. We have additional plans for further investment, growing our business and helping showcase a positive outlook for UK manufacturing.”
The latest investment has already brought in a new contract to supply a family suite of new tooling and castings, which will help generate 15 per cent growth in turnover, according to the report.
Ash further added, “The new contract highlights how we can work more closely with our clients in the early design stages and, by offering our industry expertise, we can add real value before we even get to the manufacturing process.”
He also said, “Next year will see the start of one of our biggest ever transformation projects, with the entire factory being redesigned to optimise our manufacturing performance. It will take about three months to complete, but will be a game changer when finished.”
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