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Lumsden 90 ML Vertical Spindle Rotary Surface Grinder 111214
Lumsden 90 ML Vertical Spindle Rotary Surface Grinder , Serial Number 90ML/138/11925, with 24 Inch M
Lumsden 90 ML Vertical Spindle Rotary Surface Grinder , Serial Number 90ML/138/11925, with 24 Inch M...
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Warwickshire firm set to smash through £2 million sales barrier

Posted on 18 Jun 2021 and read 1919 times
Warwickshire firm set to smash through £2 million sales barrierA Warwickshire engineering business is confident of breaking through the £2 million sales barrier this year after winning new contracts and creating new jobs. Managing director Robert Jones led the management buy-out of CeraCon UK at the end of last year and renamed the company Robafoam earlier this month.

The Leamington Spa-based firm, which specialises in foam seal equipment manufacturing and sub-contract sealing parts for a wide range of industries, has been given support and help from the Coventry and Warwickshire Local Enterprise Partnership (CWLEP) Growth Hub.

A third shift has been introduced at the business after contracts were secured with DOORCO and IG Doors to seal the doors of new-build houses across the UK.

Mr Jones said it has been a whirlwind 2021 following the completion of the management buy-out and renaming the business which had led to a new website, uniforms and signage.

He said: “For the first time, we will break the £2 million sales barrier this year because one of the big areas for us has been sealing of door cassettes frames on composite doors for new houses.

“We have won two huge contracts in the construction industry which has been a big boost for us since the automotive sector has dropped off dramatically.

“The diversity of creating a water-tight seal which can be used for doors has been vital and our largest customer DOORCO, has also placed £500,000 of orders for two machines as well as processing their parts.

“We have taken on two new members of staff because of the increase in production and we are recruiting an apprentice in July to train as a robot programme sealant specialist through the Government’s Kickstart scheme after Jim Clark at the Growth Hub told me about it.

“Mr Jones has become my mentor throughout the last 15 months and his help has been invaluable because he is always there when advice is needed.

“The next step is to continue networking and in September, we’re going to the FIT Show at the NEC to showcase our products to the window, door, glazing and conservatory industry to highlight what we can offer. I am confident we will grow 28-30% this year despite the pandemic.”

Jim Clark, account manager at the CWLEP Growth Hub, said the diversification at Robafoam underpinned its success this year.”

He said: “Covid-19 has led to many businesses diversifying into markets they may otherwise not previously have thought of and Robafoam’s technology means they can adapt to providing water-tight products for a vast range of sectors.

“As Robert has said to me, they work hard at being lucky and their time in researching new markets as well as making the most of opportunities which have come their way are being rewarded in their financial figures.

“Robert and his team have created a business which is strong and sustainable and will allow them to invest in their future.”