
Newcastle-based precision engineering specialist
EDM Zone Ltd has added a Mitsubishi Electric EDM machine to its operations,
after securing a £90,000 funding package from
wParagon Bank’s SME Lending division.
The new machine will help the company meet increasing demand for its services, while significantly broadening its service proposition. Established in 2007, EDM Zone specialises in the fields of wire and spark erosion EDM, CNC milling, CNC turning, precision engineering, and R&D technical support and consulting. The company has steadily built a reputation for delivering high-quality and innovative solutions, serving over 200 customers around the North East and the rest of the UK each year. The Mitsubishi Electric SG-S 12 S is equipped with an intelligent control strategy, job planning capabilities and data analysis proficiency, allowing operators to streamline eroding tasks efficiently.
Wayne Hall, the business development manager in Paragon's Manufacturing team, led the funding deal on behalf of the bank and Wellesbourne-based
Engineering Technology Group (ETG) supplied EDM Zone with a ‘state of the art’ Mitsubishi SG-S 12 S. ETG is known for supplying machine tools of excellent quality, sheet metal processing and industry leading solutions across various sectors.
Increased production demandsEDM Zone managing director Paul Wilson said: “Thanks to the support from Wayne and his team at Paragon Bank we have secured the necessary financing to elevate our operations during this massive scale-up period. The acquisition of the Mitsubishi Electric EDM machine enables us to meet the increased production demands and enhance our services to customers, while also attracting new business.”
Steve Brown, Group sales director at ETG, said: “We are delighted to supply our long-standing customer EDM Zone with the updated equipment that can only benefit its proposition. We are increasingly building a strong relationship with the team at Paragon Bank — its enthusiasm and knowledge in the manufacturing space align with our drive and passion.”
Mr Hall concluded: “We are pleased to assist EDM Zone in its journey. Customer satisfaction is at the centre of EDM Zone’s philosophy and we are happy to give support and help them achieve this. Working with Steve and his dedicated team at ETG has also been a great experience. We both take the time to understand each other’s business and deliver a solution to our mutual customer that perfectly meets their requirements.”