UK technical moulder embarks on investment programme for future growth
Leicester-based precision technical moulder, Miles-Platts, has embarked on an five-year investment programme in order to “futureproof” its high precision production capabilities and allow for future growth.
The investment will see the upgrade of ten machines at its Leicestershire site, with the first two Arburg moulding machines arriving in December 2015.
The company, which designs and manufactures precision technical mouldings in advanced high performance, flame retardant and glass filled engineering polymers, says the new investment will offer improved control of the moulding process, giving higher repeatability and reliability for precise, tightly toleranced components.
“This is the first stage of an investment programme which is targeted specifically at extending the capability and scope of products we can offer,” explained Factory Manager, Mark Smith.
“We are focused on having the best people and machines to meet our customers exacting and evolving requirements. Recent staff additions in our in-house toolmaking capacity, quality and sales combined with these and other planned machine purchases will cement our position as a world leader in technical moulding”
The company operates across many industry sectors, says its particular expertise lies in the coil-winding and E&E areas where high precision moulding, zero draft and tight tolerances are the benchmark.
Many of Miles-Platts customers, it says, request Cpk values of 1.33 and higher, adding, therefore, that the investment in production equipment that has this level of capability is “vital”.
The company says the improved level of control will bring around a reduction of in-process scrap and improve the effectiveness of the machines leading to an overall, higher output in a shorter time.
Finally, it is hoped the improved effectiveness of the machines will give Miles-Platts a higher capacity to cope with planned growth over the next five years, where it plans to increase sales and serve new market sectors.