Foam Techniques confirms the first part of its Investment in new plant and equipment with the purchase of a state of the art CNC contour cutter.
Foam Techniques Ltd, the leading Northamptonshire based foam and rubber component manufacturer has seen considerable success over the last few years, seeing sales grow year on year to a record high of £7.25 million in 2015.
Investment in new plant and equipment has been a key part of this growth path, and with the focus on future growth the company has announced further investment in new state-of-the-art processing equipment to complement its already impressive portfolio of equipment.
The latest investment, further develops the companies CNC capabilities and will open up a host of new opportunities, it is in part in response to a growing number of enquiries for three-dimensional foam items.
Operations Director, Stephen Thomas said: “this significant investment in this new machine will open up many new opportunities and applications for customers in a wide range of sectors. Its testament to the hard work of our team and shows a real commitment for the future from a company who is well recognised as the market leader.
“This fully automated machine will allow us to create complex, contoured three-dimensional components without the need for tooling, helping us to remain competitive in providing our customers, both existing and potential with the flexible products and service that they have come to expect.
Neil Blythe, Joint Managing Director added “Over the past 18 months we have seen an increase in enquiries for contoured products and this equipment from a major European manufacturer, with its state-of-the-art technology, will help us to develop new markets and products.
“We are always reviewing the market and our investments over the last few years have ensured we remain at the forefront of the foam market, this equipment will bring about further opportunities for Foam Techniques.”
Managing Director and Chairman, Vinay Relan, added: “representing a significant investment of around 200,000 euros for our company and it forms an important part of our overall investment planned for the next few years as part of our 10 year plan.
With delivery of the machine due in February we are already training our staff to ensure we utilise the opportunity this new investment provides, working with the machine manufacturer in the interim to ensure current opportunities can be supported prior to delivery.
Contact our sales team today to discuss your requirements, and gain access to a world of foam, at The Home of Foam.