Aerospace and nuclear contracts helps manufacturer smash through £10m sales barrier

Major new orders to supply into the aerospace, petrochemical and nuclear sectors have helped a Black Country manufacturer smash the £10m barrier for the first time in its 72-year history.

Alloy Wire International (AWI), which supplies more than 60 different ‘High Performance’ alloys, has seen sales increase by £3m since 2016.

The firm puts the sustained expansion down to its ability to offer three-week lead times and the growing demand for its emergency manufacturing service.

The company has also invested heavily in its stock, with 200 tonnes now available at any one time – the largest holding it has ever held.

Mark Venables, managing director, said: “The recovery in oil and gas has certainly been one of the highlights of recent months and interest for our material has come from every corner of the globe, I think at the last count we were exporting to 55 countries.

“In order to cope with the increase in volumes we have taken on three new people in sales and in the dry drawing department, whilst investment in bespoke machinery and an ever growing international list of sales offices gives us an ideal platform to grow sales even further at our sites in Brierley Hill and in Yorkshire.”