A Birmingham plastic injection moulding specialist is benefitting from the UK automotive boom after landing more than £1m of new contracts.
Barkley Plastics - a member of the Midlands Assembly Network - has announced new work including interior parts and light guides for several major automotive OEMs and a rapidly expanding supercar manufacturer.
It comes after a hugely successful twelve months that has seen the firm take on 15 new staff, exceed sales targets and invest more than £500,000 on a new EDM machine, a650 tonne injection mould press, a 420 tonne press and new cranes in preparation for handling bigger tools.
This has given it the capacity to produce larger components and to manufacture more than 50 million mouldings every year for automotive clients and customers involved in construction, electronics, medical and retail.
We have always been a trusted supplier to the tier 1s and car makers and that is what the business has been built on having said that, the last eighteen months has been some of our most successful in this arena, explained Matt Harwood, Business Development Manager at Barkley Plastics.
Investment in the domestic auto sector has gone through the roof and we have certainly benefitted from being located close to a number of major plants. There is also a willingness to buy parts from the UK, with many of the orders weve secured won back from overseas.
He went on to add: When things are in the ascendancy its a good time to build on your strengths and we have invested significantly in a new Negri Bossi press, a new assembly line and recruiting more tool makers and apprentices.
In fact, our in-house toolroom fairly rare for a company of our size is one of our real selling points. We offer a lifetime guarantee on tools made in house, but to cope with the tooling demand we also now have a Barkley Asia Tooling department, which project manages large suites of tools that we put out to the Far East.
This approach provides customers with the comfort of knowing that their project is being handled by a firm with 50 years experience.
Employing 115 people at its Highgate factory, Barkley Plastics offers a host of manufacturing solutions including injection moulding, gas injection moulding, two shot moulding and the recently introduced in-weld mould capability.
In addition to the automotive contracts, the firms team of designers, engineering and production specialists are responsible for delivering parts to leading retailers, household product manufacturers and large medical and electronics processors.
The companys own brand - Plasfloor - has also become a leader in industrial PVC flooring, bringing in £500,000 of revenue since its introduction.
Our involvement in the Midlands Assembly Network (MAN), a group of nine sub-contract manufacturers, has been hugely beneficial, continued Matt.
Being able to share best practice with like-minded firms is great and weve been able to pool resources to make more competitive purchasing decisions.
However, the biggest advantage has been the collaboration that has brought in new contracts. An example being the parts we produce and the assembly service we provide for Loqski (a portable locking device for skiers).
Were about to launch an exciting new group as part of MAN, which we believe could lead to more than £2m of additional orders.
The Midlands Assembly Network provides expertise in automation, casting, CNC machining, control systems, design, forgings, high volume precision pressings, PCB manufacture, prototyping, sheet metal fabrication and stamping.
In addition to Barkley Plastics, it features member companies Alucast, Brandauer, Grove Design, KimberMills International, Mec Com, Muller England, PP Electrical Systems and SMT Developments.
For further information, please visit www.barkley.uk or follow @barkleyplastics on twitter. More details on Plasfloor, go to www.plasfloor.co.uk