New sales and new jobs for Shropshire precision component specialist - Feb 2016
Investment in new processes and the latest machinery is reaping dividends for a Shropshire manufacturer after it announced a 20% rise in sales.
Advanced Chemical Etching (A.C.E.), which offers precision metal components, prototyping and low volume products, has used its additional capacity to win a string of domestic and international orders from clients involved in the aerospace and medical sectors.
Turnover increased to £4.2m in 2015 whilst 12 new jobs have been created as a result, with the potential for more to follow over the next six months.
The growth has been largely attributed to the company’s ability to provide solutions to complex etching issues, including the introduction of titanium and aluminium molecular etching to meet demand for lighter parts.
“Doubling the size of our factory to 20,000 sq ft in 2013 is now starting to pay off,” explained Chris Ball, Director.
“The extra space has given us the platform to introduce new state-of-the-art etching machines and dedicated production cells. It has also paved the way for new appointments in our sales team, with the arrival of experienced professionals Craig Dubberley and Steve Gaston.”
He continued: “All of this has contributed to us increasing sales from £3.5m to £4.2m in 2015 and we are looking to push on even further by hitting £5m over the next twelve months…the first time ever in our 16-year history.
“A lot of our work is in precision engineering, aerospace, electronics medical and F1, where tolerances are exacting, components are complex and parts are increasingly lighter. We relish the challenge.”
A.C.E.’s scope of activities is far and wide and can include anything from safety critical components for aircraft and cars to meshes, electronic connectors and even frames for designer glasses.
In recent years, it has started to grow its medical business using its titanium etching facility to manufacture medical implants and bionic components for patients all over the world.
All parts are developed and manufactured at its main site in Telford or at the company’s dedicated sister business, ACE Forming Limited, in Kingswinford.
Latest production machinery, a dedicated laboratory and state-of-the-art measuring capability ensures it can produce components in materials, including stainless steel, nickel alloys, copper, beryllium copper, phosphor bronze, brass and, thanks to groundbreaking new processes, aluminium, molybdenum, nitinol and elgiloy.
Ian Whateley, Managing Director, went on to add: “We have seen a lot of interest from overseas, boosted by our website and attendance at a number of strategic exhibitions.
“Export is now 30% of turnover and we expect this to increase with new orders won in Germany (med tech) and the Benelux countries for precision engineered parts.”
A.C.E.’s strategy is to continue to invest in people and its capability and this is currently evident in the creation of an additional 2,000 sq ft space at its Hortonwood facility.
This will house the firm’s new inspection and quality assurance area, incorporating the latest co-ordinate measuring machines and vision systems.