EuroWire May 2022

Corporate News

£500,000 warehouse investment set to spearhead growth Alloy Wire International (AWI) is spending more than £500,000 on the construction of a dedicated 2,880-square-foot warehouse alongside its existing Narrowboat Way factory in the UK. Designed to help the firm meet increasing global customer demand for its material, the investment includes the doubling of electrical capacity with an application submitted to increase input to allow for the installation of more machines and a new furnace. It will also mean AWI can hold up to 400 tonnes of stock when the expansion is completed in June, and this will safeguard security of supply to its clients for the foreseeable future. Managing director designate Tom Mander commented, “Interest is coming from all the markets we supply, whether that is oil and gas and nuclear, or spring making, medical and advanced engineering. This has given us the confidence to press the button on our latest investment and the additional warehousing we’re going to need.” Other investments planned for the next twelve months include a multi-head spooling machine in the annealing section, and a wet drawing machine for very fine wires between 0.06 and 0.15mm (0.002" to 0.005").

The new warehouse will allow AWI to hold up to 400 tonnes of stock

exotic alloys, such as Monel, Hastelloy, Nimonic and Rene 41. The latest addition is Inconel 617, a nickel-chromium-cobalt molybdenum-aluminium alloy that offers a combination of increased strength and stability at elevated temperatures (up to 1,100°C/2,012°F) while retaining the high-temperature corrosion resistance of Inconel alloy 601. Mr Mander added, “Our staff continue to go above and beyond to meet the requirements of our customers, delivering the best quality wire within two to three weeks of the order being placed. Few companies can match this delivery performance. The technical team has also been busy at work exploring the possibility of using our material in additive manufacturing and the introduction of new alloys in our range.” AlloyWire International www.alloywire.com

AWI manufactures round, flat and profile wire in more than 60

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May 2022