EuroWire May 2019

Corporate News

‘Best ever’month for AlloyWire

A UK manufacturing specialist has recorded its best ever month in its 73-year history. Alloy Wire International (AWI), which supplies more than 60 different high-performance nickel alloys, secured over £1.2m of sales in January, shipping 339 individual orders to customers in 27 different countries. Boosted by a new quoting system, the company – which exports heavily to Asia – has seen demand for its wire emanate from clients in the automotive, aerospace, oil and gas and nuclear sectors, with many citing AWI’s three-week lead time commitment as being crucial to their manufacturing operations. Mark Venables, managing director, said: “2018 was our best ever year, with about £11m of orders secured and delivered. We thought this was good, but 2019 has got off to a flying start, culminating in our first ever month where we have enjoyed sales of over £1m. “This is our business philosophy – a strategy focused on the combination of a significant stockholding, a multi-skilled team and major investment in supporting our sales teams that are located in more

▲ ▲ ‘Best ever’ month in its 73-year history for Alloy Wire International

than 50 countries. Our suppliers and customers have talked to us about Brexit. We’ve been very open and proactive in these discussions and this seems to be working.” Alloy Wire International makes round, flat and profile wire in a range of material that is growing by the month, with more than 60 currently available to choose from, each offering corrosion

resistance and/or performance at high temperatures. In order to build on the year-on-year growth, the company has also signed off a £250,000 investment that will see the arrival of three new machines to boost speed, repeatable quality and capacity.

AlloyWire International – UK Website : www.alloywire.com

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May 2019