MEP launches low pressure centre of excellence
October 12, 2014
Sarginsons recent £2.5M transformation reinforce its position as market leader in the production of lightweight components to the automotive industry.
The investment , amongst other things, has helped complete a full foundry floor rebuild to make efficiency improvements to its low pressure casting capability.
Part of that has included introducing large scale low pressure casting machines and the installation of four new melting furnaces and eight new holding furnaces, which have been part funded by a grant from the European Regional Development Fund through the Coventry and Warwickshire Local Enterprise Partnership.
The investment is already reducing the firm’s energy consumption and improving the working environment for its employees, whilst significantly increasing its capacity.
Anthea McIntyre, MEP for the West Midlands, and a number of our customers and suppliers recently attended an event to showcase our new capabilities. Anthea, who is the Conservative spokesman on employment in the European Parliament, said:
I think it’s really encouraging to see today what is being done for manufacturing, and how it is bringing in further investment and jobs. I am particularly glad to see jobs coming from abroad back here into the UK.
It is also pleasing to see Sarginsons’ strong links with two local universities and the investment in high-tech manufacturing and quality production.
Sarginsons is the most technically sophisticated aluminium die-caster in the UK and by having the most up-to-date equipment and through the adoption of the most modern manufacturing techniques, an industry previously considered dirty, even unfashionable, is able to deliver some of the most innovative products in the world.
Sarginsons is clear about its vision and through this will ensure it grows its position as a leading innovator in die casting, fully capable of supporting local and global manufacturers with specialist expertise in the delivery of complex components as the light weighting revolution in vehicle production increases demand.
Roy Sims, Chief Executive said:
The Coventry & Warwickshire LEP have been of huge assistance to Sarginsons as we navigate the myriad of support organisations out there. Whether through their help in the design of employee training plans, or in supporting our liaison with grant bodies and Government funding programs they have been proactive and above all are commercially aware.
Ann Lucas, leader of Coventry City Council, and an LEP board member added:
Sarginsons is a well-known and long established name on the Coventry industrial landscape and we are very pleased to have been able to help them though the LEP which is doing the business for more and more local firms.