Pictured above: Managing director Simon Woods
A specialist manufacturer of educational equipment based in Long
Eaton is playing its part in boosting exports as the country
recovers from the recession.
TecQuipment, which sells to around 70 countries, had its highest
ever number of export orders in June made up from 65 different
customers.
Now to keep up with demand the company for its diverse products
the company is investing in its biggest piece of manufacturing
equipment in 15 years - a CNC lathe or numerically-controlled
turning centre, costing just under £100,000 to produce high
precision components.
The Bonsall Street-based company makes around 25,000 parts for
some 700 different products, ranging from simple mechanisms to
supersonic wind tunnels, gas turbines and power system simulators
all used in education.
These products range from the type of equipment used by A-level
physics students to that used by engineering under and
post-graduates at universities in the UK and across the world.
TecQuipment, whose ethos is to train others, regularly designs
and produces new equipment to help turn out the engineers of
tomorrow. It plans to introduce 10 new products during the coming
year.
The company has not increased its prices now for three
consecutive years in order to remain competitive
overseas.
To continue the growth TecQuipment, which employs 65 people, has
launched a recruitment drive to increase the number of employees by
10 per cent. These jobs range from export packer and stores person
to shipping manager and electrical engineer.
Managing director Simon Woods, who also chairs enterprise agency
Erewash Partnership, is a strong believer that manufacturing will
help lead the country out of the economic problems that it has
suffered in recent months.
He thinks TecQuipment is showing the way and often travels
abroad to promote the company and what it has to offer.
"I'm delighted to be able to invest in new processes, new people
and new products," he said."