Brandauer targets £10m turnover after record investment
MANUFACTURER Brandauer has announced plans to grow turnover to £10m as part of a wider expansion scheme.
The Birmingham company, a world leader in precision pressings and stamping, celebrates its 150th anniversary next year and is channeling £750,000 into two state-of-the-art presses which will increase capacity, improve accuracy and open up a host of new markets.
Brandauer, which is one of nine companies that make up MAN (Midlands Assembly Network), produces in excess of four million parts every week for customers in the automotive, aerospace, electronics, medical and alternative energy sectors.
The purchase of the new machines represents the largest single investment in the company’s history, with the new machines able to produce two billion parts every year – worth up to £2.5m in potential new sales.
The investment will also mean the creation of five new jobs at the firm as it looks to pull in new business.
David Spears, managing director at Brandauer, said the acquisition heralded the next stage in the company’s development.
“2011 has started well and we’re winning new business in both existing and new markets, including orders for complex and larger components for the medical and renewable sectors respectively,” he said.
“Turnover has rocketed to over £9m and we have reached a stage where we require additional capability in order to meet anticipated client demand.
“We identified the fact we needed machines that could give us greater speed, accuracy and a bigger tool die area that is able to deliver more added value at point of manufacture.”
Funded from its own reserves, Brandauer tapped into its long-term relationship with Bruderer UK to purchase the new presses.
Both are industry leading high-speed fully automated power presses, with the latter so new Brandauer will be one of the first firms in the world to have it installed.
“This is a real show of intent and will illustrate to existing and new customers that we plan to offer them the very best level of service and manufacturing performance,” added Mr Spears.
The two presses will be delivered to the firm’s Newtown facility by April next year. Staff will then be trained by Bruderer engineers in how to operate them.
Adrian Haller, managing director Bruderer UK, said: “We’ve worked with Brandauer for more than 40 years and are delighted to extend this working relationship. At £750,000, this is the largest order we have secured in our history and is a further indication that UK manufacturing is committed to being the best in the world.”
Rowan Crozier, Brandauer’s sales and marketing director, said: “When this additional capacity is in place next year, we would expect turnover to break the £10m barrier and this will involve taking on five new members of staff to cope with the new orders.”
Click here to visit our manufacturing channel