Petford tools up for bright future
By Anthony Clark Posted 16 December 2011
Sinar: “We have seen growth across all areas of the business.”
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Petford Tools, a specialist toolmaker for plastic injection, compression and composite moulds, has reported 15% annual growth for 2011 after landing a string of new orders from the automotive and agricultural sectors.
Backed by support from the Manufacturing Advisory Service-West Midlands Auto programme, the Dudley-based company has taken delivery of a £560,000 KraussMaffei 1600 tonnes injection press. The investment will help it increase capacity at its Peartree Lane facility, increase quality and improve lead times when dealing with larger components.
“This is a really exciting time to be involved in the business and, whilst there are obvious pressures out there in manufacturing, we have some exciting opportunities ahead of us,” said managing director Melvin Sinar.
“We have seen growth across all areas of the business, but especially in the automotive sector where we currently supply Jaguar Land Rover, Bentley, Nissan, Ford, Toyota and Aston Martin, where our tooling has been responsible for every exterior Fender used in their cars over the last ten years.
“There has also been an increase in orders from JCB and white goods and we are certainly benefitting from global companies looking to source closer to home after disasters in Japan and Thailand.”
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