Manufacturer expands to meet US demand

Posted on 23 Oct 2017 and read 413 times
Manufacturer expands to meet US demand Oswestry-based CV Rollers, which manufactures bearing-related products, is targeting growth after securing a £97,000 grant from the Marches Local Enterprise Partnership.

This will be used to pay for essential expansion work to help the company meet demand for its products in the USA.

The business was formed in 1966; it was acquired by current directors Kevin Taylor and Colin Derbyshire in 2013. Since then, its turnover has increased from £800,000 to more than £2.1 million.

It was the firm’s relationship with Hansen International — a global leader in commercial- and industrial-vehicle components — that expedited the need for further growth.

Mr Derbyshire said: “Our relationship with Hansen opened the US market to us; we’ve subsequently secured orders with OEMs and two of the main fire truck manufacturers over there. Added to this, our business in the UK continues to expand on an almost daily basis.

“Without this grant, we wouldn’t have been able to contemplate such a rapid expansion. It’s likely that we’d have been looking at gradual growth over two to three years, as opposed to the six months that we will have achieved this in.”

The expansion has allowed the firm to create five new full-time jobs to supplement its existing workforce of 18.

The building work has seen an extension on one side of its factory and the creation of a mezzanine floor where further CAD design work and administration can be carried out.

Be seen in all the right places!

Metalex 2017 EUROTOOL 2017 Machine Tool Indonesia 2017 Engimach 2017 Steelfab 2018 Expo Manufactura 2018 Southern Manufacturing 2018 WIN Eurasia 2018 MACH 2018 Intermach / MTA 2018 Metaltech 2018 MTA Vietnam 2018 MTA Hanoi 2018

The online search from the pages of Machinery Market.

Turret Miller. Manufactured 2012
Manufacturer: EUROPA
Model: 1500VS
Serial No.: 52MME5072
Year of Manufacture: 2002
Table size: 4
Manufacturer: EUROPA Model: 1500VS Serial No.: 52MME5072 Year of Manufacture: 2002 Table size: 4...
Electro Motion Export (UK) Ltd