EuroWire November 2019

Corporate News

AWI invests £250,000 into production capacity

ONE of the UK’s manufacturers of round, flat and profile wire has completed a £250,000 investment drive to help it build on a record year. Alloy Wire International (AWI), which employs 31 people across two manufacturing sites in the UK, broke through the £11m turnover barrier in 2018 and immediately initiated the acquisition of 560mm single block and 200mm multi-block drawing machines. These installations will help increase capacity and ensure AWI continues to deliver its three-week lead times, crucial for customers in the automotive, aerospace, nuclear and oil and gas sectors. There have also been a number of infrastructure improvements, including internal and external refurbishments, new floors in the flat wire rolling department and, following consultation with employees, a re-organisation of the manufacturing plant to deliver further production efficiencies. Mark Venables, managing director, added: “The investment isn’t going to stop there. We already have plans in place to purchase a multi-hole oil drawing machine and laser-guided re-spooling winders. “None of our purchases are off-the-shelf. There is always the opportunity to configure the machines to our exact production requirements and this means we can manufacture the best quality wire, quickly and in the varying volumes demanded by our global client base.”

▲ ▲ Fine wire technology with Alloy Wire’s Dan Hollyhead

Alloy Wire makes round, flat and profile wires in a range of materials, with more than 60 currently available to choose from, each offering corrosion resistance and/or performance at high temperatures. The company holds more than 200 tonnes of stock at any one time, ensuring it can offer customers in 55 different countries fast response times for demanding requirements.

AlloyWire International – UK Website : www.alloywire.com

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November 2019