Coventry-based Sarginsons Industries Ltd (
www.sarginsons.com), which has been at the forefront of aluminium diecasting for 80 years, plans to follow its best-ever year by further expanding its facility.
The 83-employee company saw its turnover grow from £6.5 to £8.4 million in 2018, significantly boosting its profits. It has been looking to expand into a new factory somewhere in the region for over a year but — unable to find a suitable location — has now decided to invest £300,000 in an upgrade of its current site.
Managing director Anthony Evans said: “This is a very exciting period for Sarginsons. It is important to us to stay in this area, because our workforce is here, we are well-connected in terms of the supply chain and we see this as the perfect base for high-class manufacturing and engineering.
"However, we hit a brick wall when it came to finding a new home, so we worked with consultants and have come up with a plan to over-roof the building.
"This allows us to expand the internal space, increase the working heights and lay the factory floor out much more efficiently for the way we want to work. It means we can stay exactly where we are and achieve our growth plans.”
“We were thrilled with the financial results in 2018, and we have seen that continue at the start of 2019.
"The reason we have invested in technology and skills is so that we can continue to offer clients leading-edge design and manufacturing, as they continue to push for increased lightweighting in their own products.”