Formaplex grinds out a future in motorsport
By PRW Staff
Posted 30 January 2013
Formaplex, a Hampshire-based tooling specialist, has expanded its composites pattern manufacturing capacity in the UK by nearly a third with investment in two new CMS Aries 4826 five-axis-machines.
The acquisition completes a £750,000 investment programme by the company, which supplies composites and pattern manufacturing services for clients in the motorsport, automotive, defence and aerospace industries. The company has also added four staff to handle the extra capacity.
“Investment in these five-axis machines is an important step in maintaining our high level of client service,” said Formaplex’s composites director, Jon Payne. “We have a reputation for excellence in our field and this 30% expansion in capacity will help us continue to deliver high-quality rapid engineering services to clients across the motorsport, aerospace, automotive and defence industries.”
The growth in pattern manufacturing capacity comes at the end of a busy 12 months for Formaplex. The company has doubled its manufacturing floor space to 85,000 square feet, invested £1.8m in three other five-axis machines and two large injection-moulding machines and created 40 new jobs since the beginning of 2012.
“Specialist manufacturing, such as composite tooling, is flying the flag for British manufacturing across the world and Formaplex is glad to be a part of this pioneering group,” added Payne.
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