Electronics manufacturer bounces back from Covid-19 to target £4m in sales
New automotive, electrification and medical opportunities are helping a specialist provider of complex printed circuit boards (PCB) and electronics assembly target a 50% growth in orders as industry emerges from the pandemic.
C-MAC SMT, which employs 28 people at its state-of-the-art facility in Warwick, has bounced back from the challenges of Brexit and Covid-19 to post sales of £3.2m for the last 12 months, with initial projections suggesting the £4m barrier is in reach for 2021.
It marks a record year for the business and comes just 24 months after it was bought by Belgian firm C-MAC.
Under new ownership, the management team has shifted the focus from small one-off orders to concentrating on strategic customers that offer repeat business, a focus that has already led to a string of client wins.
“I don’t think anyone has ever seen 12-months like we’ve just had,” said Richard Halton, business development manager for C-MAC SMT.
“From the start of the pandemic to this day, we have managed to keep the factory open, with the shopfloor switching to socially distanced production and office staff working from home. Despite all of these challenges and many of our automotive customers halting work for a period of time, we still grew turnover 29% in 2020.”
He added: “This has continued in the first quarter of 2021, with the car industry bouncing back beyond all expectations, joining some new wins in the medical sector – an industry rich in potential for our expertise in PCBs and electronic assembly.
“Electrification is a massive opportunity for us as well and this is why we are using our membership of the Manufacturing Assembly Network (MAN) to pool resources with the likes of Alucast, Brandauer and PP Control & Automation. Together, we have the complementary expertise to offer the OEMs and end users access to a single-source manufacturing solution.”