EuroWire January 2016

News Corporate

AlloyWire targets new nuclear opportunities

▲ ▲ Huw Jenkins, left, Fit For Nuclear assessor, and Mark Venables, managing director of Alloy Wire

A UK manufacturer is setting its sights on a share of the £60bn nuclear sector after securing a new funding boost. Alloy Wire, which makes round, flat, shaped profile and electrical resistance wires in a range of exotic nickel alloys, has become one of the first companies in the West Midlands to start the Fit For Nuclear (F4N) journey. The Brierley Hill-based firm will benefit from a £10,000 grant to help it develop a new strategy for targeting this market and ensuring it meets exacting health and safety and performance standards required by the major contractors. It is anticipated that this funding – combined with ongoing support from manufacturing experts at the Business Growth Service – will unlock nearly £750,000 of potential contracts. Alloy Wire will spend the next five months working its way through the Fit For Nuclear programme, working with assessor Huw Jenkins and expert consultants Start 2 Finish Marketing and Initiative Quality and Safety Ltd. With the additional funding, the company has started to produce a nuclear specific brochure/website and is looking to attend a number of exhibitions to showcase its capabilities. The company supplies wire from 0.025mm (0.001") to 21mm (0.827") and currently works with 4,000 customers in 15 sectors. Fit For Nuclear has been developed by the Nuclear AMRC with the support of its nuclear industry partners, and is delivered to businesses in the UK in partnership with the Manufacturing Advisory Service (MAS), now part of the Business Growth Service. The expanded Fit For Nuclear programme, which is supported by the Regional Growth Fund, aims to help UK manufacturers measure their capabilities against industry standards and take the necessary steps to close any gaps. AlloyWire Ltd – UK Website : www.alloywire.com

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January 2016