A £250,000 investment drive with Worcester Presses is helping a leading Black Country metal pressing specialist take advantage of new domestic and reshoring opportunities.
Cotmor Tool & Presswork, which employs 16 people at its Brierley Hill factory, has seen sales soar to £2m following the easing of lockdown and is now setting its sights on an additional £1m of orders over the next 12 months.
The company has formed a strategic partnership with Worcester Presses to capitalise on this growth, resulting in the installation of one 160 tonne and two 110 tonne Chin Fong machines, two Tomac decoilers, Titan monitoring technology to improve tool and press life, and a die cushion to help accommodate multi-functional tools.
“Volumes have bounced back stronger than any of us expected and this has given us the impetus to look at new equipment that will make us faster and provide capacity to take on up to £1m of new work,” explains David Cotterill, who runs Cotmor with his wife Wendy and daughters Louise and Natalie. “80% of our work is overseas and we ship deep-drawn, precision and progression presswork to clients in Brazil, China, Germany, Japan, Turkey and South Korea.”
He continues: “We knew we needed more capacity so we started talking to Worcester Presses about our future requirements and the flexibility of the machines to produce components for the agriculture, commercial vehicle, foundry and food and drink sectors. After much discussion, we agreed on the robustness and durability of the Chin Fongs and the installation process and training were superb. Now the challenge is to win the work to fill them.”
For further information www.worcesterpresses.co.uk