Pictured: (l-r) Jason Aldridge (Arrowsmith Engineering),
Simon Griffiths (Area Director at MAS) and Mark Prisk (Minister for
Business)
Supplying world class precision components for the aerospace
industry, Formula One and the energy sector is helping a
Coventry-based manufacturer target £4m sales within three
years.
Arrowsmith Engineering has tapped into support from the
Manufacturing Advisory Service - West Midlands (MAS-WM) to embark
on a major growth surge that has already seen it increase turnover
by 20% over the last twelve months.
Located on Bayton Road in the City, the company has used its
technical innovation to win a string of orders to produce complex
engine and actuation parts for some of the world's leading primes,
including Rolls Royce, Goodrich, Pattonair and Meggit,
It follows a £1m investment drive that has seen it
complete its headquarters, increase floor space by a third (to
15,000 sq ft) and invest in new facilities, ranging from a thread
rolling laboratory and grinding capability to a 5-axis machine and
3 CNC lathes.
Jason Aldridge, Managing Director, provided an insight into the
vision:
"We are working to a five year business plan that will see us
move from a £1.8m turnover to a firm that is commanding in
excess of £4m in annual sales...naturally up to ten new jobs
could be created as a result of this growth."
He continued: "Our growth has been based on establishing more
strategic partnerships with our clients that see us work even
closer with them to improve quality, on time delivery and offer
them added value design.
"This approach has reaped dividends and we now hold approved
supplier status with Rolls Royce in Canada, Germany, Singapore and
the UK, Goodrich, Bombardier and Eaton. We are also taking this
same strategy with the energy firms we currently work with."
Arrowsmith Engineering, which employs 39 people, provides
turning, milling and grinding services in both large volume and low
quantities, including after sales, development projects and aliens
and strangers.
It has diversified its offer to become a global specialist in
high precision, complex components in exotic metals with many parts
being used in the Rolls-Royce Trent series engines used on the
Airbus A380, A350 and the Boeing 747 and 787.
A commitment to quality has also seen it secure ASEN 9100 and
ISO14001, with the firm already being backed by Goodrich to work
towards the increasingly popular SC21 standard.
Jason, who became MD in 2009, picked up the story:
"MAS-WM has been an important driver in our expansion with
specialist adviser Peter Jones providing constant mentoring and
help on specific projects, including the layout of the new factory,
links to probing trials and giving us access to new machinery and
technology.
"The latest project is working with one of its cluster groups on
securing a bronze SC21 award, an objective we hope to achieve in
the next year."
The local manufacturer was also quick to praise the recent
announcement that MAS will continue to offer in-depth support
through a national service with on-the-ground regional
delivery.
Speaking during a visit by Minister for Business Mark Prisk,
Jason commented: "MAS understand what manufacturers want and have
access to specialist experts that can make a real difference to our
bottom line."
Manufacturing Advisory Service (MAS) in 2012 will continue to
deliver a national service to all manufacturing businesses in
England.
It is aiming to create £1.5bn in economic growth, 23,000
jobs and safeguard 50,000 jobs.