£500,000 investment in new warehouse set to spearhead manufacturer’s growth
Alloy Wire International (AWI) has set its sights on future growth after it announced work had begun on a new warehouse in the Black Country.
The manufacturer of round, flat and profile wire is spending more than £500,000 on a 2,880 sq ft space alongside its existing Narrowboat Way factory.
Designed to help the firm meet increasing global customer demand, the investment includes the doubling of electrical capacity with an application submitted to increase input to allow for the installation of more machines and a new furnace.
It will also mean AWI can hold up to 400 tonnes of stock when the expansion is completed in June and this safeguards security of supply to its clients for the foreseeable future.
Tom Mander, managing director designate at Alloy Wire International, said: “We finished 2021 with two record months and we expect March to be our best-ever order intake, as the world’s manufacturing sectors try to protect against future disruption.
“Interest is coming from all the markets we supply, whether that is oil and gas and nuclear, or spring making, medical and advanced engineering. This has given us the confidence to press the button on our latest investment and the additional warehousing we’re going to need.”