Engineering firm makes £400,000 investment to drive sales to £5m
Investment in new wire eroders is driving Smethwick-based precision engineering firm A&M EDM towards sales of £5m in 2018.
The company has spent £400,000 purchasing and installing two wire eroders in response to increased demand from aerospace, automotive and motorsports customers.
The new machines were commissioned by Charlotte Horobin, regional director Midlands & East of EEF, the manufacturers’ organisation.
She said: “A&M is a shining example of an SME committed to continuous investment to create a competitive edge and the benefit of working in partnership with its LEP and local authority.”
A&M use spark and wire erosion and CNC machining capabilities to manufacture precision components and tooling for aerospace, automotive, Formula 1 and production assembly customers.
Annually, the company uses 25,000 miles of conductive brass wire in its 17 wire erosion machines, enough to circle the world.
A&M’s investment has created five jobs, supported by a grant of £58,000 from the Black Country LEP Growing Priority Sectors fund administered by Sandwell Council.
A&M employs 65 people.
Mark Wingfield, managing director of A&M, said: “We are delighted Charlotte agreed to commission the new wire eroders, our approach is to continue investing to expand our manufacturing capabilities for customers. The Growing Priority Sectors grant was important in bridging a funding gap and enabling us to grow and create new engineering jobs.”
