One of the UK’s manufacturers of round, flat and profile wire has recently completed a £250,000 investment drive to help build on a record year.
Alloy Wire International, which employs 31 people across manufacturing sites in the Black Country and Yorkshire, broke through the £11m barrier in 2018 and immediately pushed for acquisition of 560mm single block and 200mm multi-block drawing machines.
Ian Fitzgerald, Operations Director at Alloy Wire International, said: “Our rapid growth has been driven by our ability to provide over 60 high-performance alloys to our customers quicker than anyone else and this is something we need to maintain. That’s why we’ve decided to look at our manufacturing facilities and identify certain areas where installation of new machinery would be beneficial.
“This has seen us source and configure new wire drawing machines, which come with touch screen technology that gives the operator more real-time information, such as length to weight conversion and machine temperatures.”
Alloy Wire International currently holds more than 200 tonnes of stock at any one time and supplies customers in 55 different countries.
Mark Venables, Managing Director of AWI, said: “The investment isn’t going to stop there. We already have plans in place to purchase a multi-hole oil drawing machine and laser-guided re-spooling winders.
“None of our purchases are off-the-shelf. There is always the opportunity to configure the machines to our exact production requirements and this means we can manufacture the best quality wire, quickly and in the varying volumes demanded by our global client base.”