Euro growth fuels €4m investment

Rapid prototyping specialist Proto Labs is reporting its largest European infrastructure investment since the UK business was established in 2005. The company has financed investment of around €4m on new manufacturing technology and facility renovations, primarily in Telford, UK, but also at its other locations across Europe.

During June and July 2017, Proto Labs confirmed a large-scale purchase of Haas CNC machines and Arburg injection-moulding machines. The new Haas machines will be configured for either mould making or component machining, with both of these services growing at a rapid pace. Including the new machines, Proto Labs UK’s inventory now totals 130 CNC machining and 57 injection-moulding machines. Since 2015, the business has supported annual growth in excess of 20% in manufacturing and engineering, sales and administrative functions.
For further information www.protolabs.co.uk