Pictured above: (l-r) Charles Lartey, inward investment
officer, Sandwell Council; Ian Kimberley, owner and managing
director, Decade; Tony Wood, business development manager,
BCRS
The Sandwell Business Loan Fund has helped a leading specialist
product manufacturer relocate to the Black Country.
Davis Decade Ltd design and manufacture process monitoring
systems and supply to the manufacturing sectors, including
automotive, aerospace and the construction industries. Their Decade
product, designed in-house, controls and monitors the performance
of the machine it is applied to, providing a running health check
and protecting the machine from potentially expensive and long term
damage.
The company have relocated to the Percy Business Park in Oldbury
with the help of a £45,000 loan though the Sandwell Business
Loan Fund, which is available to Sandwell based businesses. The
fund is managed by BCRS in conjunction with Sandwell Council.
Ian Kimberley, owner and managing director of Decade, says,
"When companies are trying to run as lean as possible, they can't
afford to have operators watching the machines running, so our
product enables them to run machines unmanned, secure in the
knowledge that if a problem occurred, the Decade would shut the
machine down to prevent expensive damage.
"We are the only UK manufacturer of such a product and export
globally - our only competition comes from US and Germany. Our
growth markets are in the low-cost economies, such as India and
Brazil, and we also supply a major automotive company in Iran. We
have around 80 per cent of the UK market."
Ian has worked at Decade since leaving school in 1984, and
bought the company in a management buyout (MBO) in 2006. "I joined
Decade as an apprentice mechanical engineer. In those days our
product monitored forces on machines using analogue gauges. We've
developed these products to make them fit for today's demands, and
now our systems operate like mini computers that can cover multi
facets of a machine, and can automate the process as well as
protect it. We have developed more products and have also branched
out into test and assembly machines. Most of the UK's car
manufacturers use our product to test the integrity of the
components being assembled. Testing the product as it is put
together cuts down on assembly time, giving 100 percent continuous
quality checking."
Charles Lartey, inward investment officer at Sandwell Council,
said, "We're here to support businesses moving to Sandwell. We are
seeing an ever increasing amount of interest from companies wanting
to be located in Sandwell. There is a wealth of expertise within
our local companies, who are involved in most national and global
supply chains. Companies like Decade have skill sets that are
highly prized, so it's important to make sure they are fully
supported to ensure they have the best chance of success.
"The advanced engineering sector is a priority for Sandwell and
it's been a delight to be able to assist Ian in his relocation
here. We were able to help Ian with a grant for security for the
new premises and with the integration of the business into the
local community, and also worked closely with BCRS to offer a
complete financial support package."
"We wanted premises that were fit for purpose and as an
expanding business, we'd outgrown our old site", said Ian. "I
bought this building as a shell. We approached our bank but they
wouldn't help, and we have no overdraft facility. We then
approached BCRS for a loan of £45k to assist the conversion
into a headquarters with a large, dedicated research and
development facility and room to expand further. It's near the
motorway network and many of our staff are local - it suits us
perfectly. We employ ten people and will take on another three
skilled technicians for our R&D facility over the next year, as
we branch into research into machine energy efficiency."
Tony Wood, business development manager at BCRS, said, "It was
easy to see the potential in Decade, as they had traded
successfully for 26 years and had consistently adapted to changing
technology and the advance in computer-aided manufacture. Decade
are very much a world class, technologically led company competing
in a global marketplace, and BCRS saw them as a prime company that
we were determined to bring into the Black Country."