EuroWire January 2025

UK Showcase

Export increase tops year for AWI Export successes, security of supply and continued investment in the latest machinery were some of the highlights of a record breaking year for Alloy Wire International (AWI).

Strong domestic growth has been surpassed by demand from overseas, with AWI material now sent to more than 65 different countries. North America continues to be a region of opportunity for the company, owing in part to a 23-year-long working relationship with Rhode Island’s Davidon Alloys. Sales of $4.6mn in the USA and Canada are the best achieved in the history of the business. Alloy Wire International www.alloywire.com

The UK manufacturer of round, flat and profile wire delivered £18.5mn of sales over the last twelve months, £3mn up on anticipated revenues. The senior management team has put the expansion down to a resurgence in oil and gas, and aerospace volumes returning post-pandemic, plus ongoing growth in automotive and new opportunities in R&D and space exploration. They have also underlined the growing importance of AWI’s commitment to a 400-tonne stockholding in material and its ability to supply a 62-strong range of exotic alloys in just three weeks. “The last twenty-two months have surpassed all of our expecta- tions and capped a tremendous time since we completed the management buy-out,” explained managing director Tom Mander, who has worked in the business since 2005. “One of the first things we wanted to do when we took over was extend the employee ownership model to every member of staff, meaning all of our 33-strong workforce at the time became shareholders in the business. This really set the scene and ensured everyone knew we wanted to take them on the journey with us, and they have responded by producing a record year of £18.5mn sales.”

A selection of stock at AWI’s factory

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January 2025