Insider Media has reported that Signal Plastics, an injection moulding company based in Washington, Tyne and Wear, has secured a new customer contract.
The deal, which is reported to be worth £3m per annum, is with a European manufacturer of heating equipment for domestic and commercial applications. This is the injection moulder's first entry into the heating sector, as Signal has primarily worked with customers in the automotive industry since it was founded in 2013.
Julian Jamieson, operations director and co-founder of Signal Plastics, said: “Working on this contract from concept through to volume production has been a great achievement for us at Signal and our colleagues at Omega Plastics.”
Signal and Omega merged in 2015, after which Signal moved into new premises in the Bentall Business Park, Washington. The move was required to support additional capacity for production of volume parts.