TEK4, the specialist engineering business based in Blaby, Leicestershire, has commenced trading on the London Stock Exchange’s alternative investment market (AIM), for successful, high-growth companies.
Established in 2002, TEK4 designs and manufactures advanced drilling machines used to make components required in the aerospace, defence and industrial gas turbine markets. Its machines are designed and built at the company’s facilities in Blaby and are used by customers including Rolls-Royce, GE and Pratt & Whitney, with TEK4 supplying markets including the US, Mexico, Japan, South Korea and across Europe.
The company brings mechanical, electrical, software and application engineering expertise together under one roof, allowing it to develop highly specialised machines for some of the world’s most demanding engineering applications. TEK4 is one of only a handful of firms with the skillset to build these highly specialised niche machines in which precision, reliability and process capability are critical.
TEK4’s strategy is focused on expanding its presence in existing aerospace and industrial gas turbine markets whilst continuing to develop new products and technologies.
Growing demand across these key end markets is driving investment in production capacity. Aircraft order backlogs and defence spending are supporting demand for engines, while rising electricity use, including from data centres, is increasing demand for power generation.
The Group continues to expand its manufacturing capacity and it is currently developing a second production facility, adjacent to its existing Blaby site, which will open in 2027. The facility is expected to be c.12,000ft², which would provide a 75% increase in capacity to support increased production volumes and facilitate the integration of the Group’s recent acquisition,
innolas-laser.com Innolas.
Pic: TEK4 Laser drilling in actionThe additional production capacity will expand the assembly and testing of existing and new product platforms, including automation solutions, STEM systems, laser-enabled systems and developed products. Bringing additional production and laser engineering capability alongside the existing Blaby site will assist operational integration and support the Group's ability to deliver larger and more complex customer projects.
Jason Duffin, founder and chief executive officer of TEK4, said: “We are delighted to be listing on AIM today and with the strong level of support from a such large range of high-quality institutional investors. Reaching this milestone is testament to the hard work and dedication of our team and the continued support and loyalty of our customers.
“As the aerospace and power-generation industries seek to produce engines that operate at higher temperatures, more efficiently and for longer, the importance of the technology sitting behind their cooling systems is constantly increasing. Our technology and IP positions us at the heart of addressing this challenge.
“We remain focused on delivering growth for our clients and partners and the expansion of our local footprint will support additional growth in the community which I am particularly proud of.”
TEK4 specialises in fast hole drill electrical discharge machining (EDM), laser drilling and ablation, Shaped Tube Electrolytic Machining (STEM), automation and turnkey solutions. Its machines are designed to drill cooling holes in turbine blades, vanes, segments and other critical components.