County Durham firm set for expansion with six-figure machinery investment
A vacuum forming specialist in County Durham has propelled its plans for expansion by investing £250k in new machinery.
Plastic Mouldings Northern (PMN), based in Bishop Auckland, has invested in a multi-purpose 5-axis processing centre to increase its manufacturing capabilities.
Founded in 2002, PMN specialises in supplying vacuum forming parts within the automotive, medical, defence and aeronautics industries, with clients including Bentley, JCB and Rolls Royce.
The new Biesse Materia CL gantry processing centre will support the firm with milling operations and for cutting three-dimensional elements in the car manufacturing, aerospace and nautical sectors, enabling it to grow its global client base.
The company has seen an increase in online sales during the lockdown, and has further plans to invest in a new 12,000 sq ft storage facility to help facilitate the growing demand.
Plastics Moulding Northern’s production director, Mark Rigg, commented: “We’re getting more larger jobs to manufacture, so we wanted to expand to increase our capacity.
“This CNC machine will allow us to keep our prices at the same level, and is part of our continued investment programme to remain competitive in the industry.
“It will also give us more flexibility and respond quicker to customers’ demands. Lead times are getting shorter and shorter within the industry, and customers are expecting quicker deliveries.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth