Investment in new wire eroders is driving A&M EDM, a precision engineering firm, towards sales of £5 million in 2018.
The Smethwick-based company has spent £400,000 on two Sodick ALC 600G wire eroders in response to increased demand from its aerospace, automotive and motor-sport customers.
This follows significant expenditure in the past four years on a second factory, metrology inspection facilities and high-speed machining centres.
A&M (
www.amedm.co.uk) uses die-sinking and wire erosion machines plus CNC machining to make precision components and tooling for its aerospace, automotive, Formula One and production assembly customers.
The company annually uses 25,000 miles of conductive brass wire in its 17 wire erosion machines, enough to circle the world.
Its new investment has created five new jobs, supported by a grant of £58,000 from the Black Country LEP Growing Priority Sectors fund, which is administered by Sandwell Council.
Mark Wingfield, managing director of A&M, said: “Our approach is to continue investing to expand our manufacturing capabilities.
“The Growing Priority Sectors grant was important in bridging a funding gap and enabling us to grow — and create new engineering jobs.”