A Kent-based precision engineering specialist has completed a major investment drive as its eyes a £2m opportunity in electric vehicles.HV Wooding, which employs 98 people at its facility in Hythe, has spent more than £250,000 on creating a dedicated manufacturing cell for producing bonded stators and rotors, as well as optimising its rapidly expanding busbar production capabilities.

The investment boost has seen it install new ovens andacquire anAgieCharmilles Cut E 600 wire-erosion machine. Notably, the new wire EDM will help the company deliver highly accurate results in metal cutting, reducing turnaround times in the process and supporting orders to the aerospace, automotive and medical sectors.

Matt Lacey, sales and marketing manager at HV Wooding, says: “There’s so many opportunities for us in the EV market and this investment gives us the capacity to go after millions of pounds of new work.The unit refurbishment, coupled with the new AgieCharmilles wire EDM, will allow us to support our global customer base with the production of prototype and small series bonded stators and rotors with the best possible lead times.

He continues: “Having the additional wire-erosion capabilities will also support the highly complex and intricate parts we are increasingly producing, not to mention boosting our capacity for manufacturing bonded stacks. Sales are up about 20% over the past two years, so now is the perfect time to invest in our factory and make sure we position ourselves for the next decade of growth.”

HV Wooding, which has a turnover of around £12m, has over 50 years of experience in providing precision engineering solutions for clients in over 25 different countries.
For further informationwww.hvwooding.co.uk