Tube forming technology financial assistance given

UK manufacturer of tube bending and end-forming equipment and systems, Addison McKee, offers financial services to fund the purchase of its latest tube forming capital equipment.

AddisonMckee said that its Financial Services brings competitive funding to tube forming marketplace.

AddisonMckee, has introduced a range of financial services to assist manufacturers to fund the purchase of the latest capital equipment.

Available through AddisonMckee Financial Services, the funding offered include competitive leasing, financing and lifecycle packages for AddisonMckee's whole tube forming technologies range.

Director of Global Marketing, Christian Rogiers, said: "The current state of the global economy clearly presents manufacturers with a real dichotomy.

Namely, do they commit to the technologies they need to generate further business capability or do they batten down the hatches and weather any impending storm with their current equipment - even if it is seriously outdated and could impact productivity and financial results".

* Improve efficiency, increase output and reduce costs - Rogiers added: "Although primarily created for small-to-medium-sized businesses, our aim, through AddisonMckee Financial Services, is to enable companies to benefit from the equipment they require now.

Equipment that will improve manufacturing efficiency, increase output, assist in significantly reducing manufacturing costs, balance out the highs and lows of production schedules, and enable the organization concerned to go for those valuable new orders with increased confidence and ability".

Rogiers said: "With our reputation for machine reliability, repeatability and precision, this clearly is the opportunity to acquire world-beating tube bending, end-forming, muffler assembly or even complete workcell technologies in a financially-favorable way".

* Flexible funding - with payment deferral options, short-term operating leases, and right-to-buy programmes, AddisonMckee has developed what they consider to be one of the most comprehensive packages available to fund the acquisition of the latest tube-forming technology.

Rogiers concluded: "It's a well known fact that depending on a business' size and its requirements, leasing and financing can provide the most viable ways for the acquisition of necessary assets.

We have spent a considerable amount of time putting together the AddisonMckee Financial Services program and look forward to assisting those organizations with a clear requirement and goal to benefit from our industry leading technologies".

* About AddisonMckee - the company won the 'Managing Automation' magazine's 2008 Progressive Manufacturing 50 Awards - based on an organization's ability to use information and automation technologies to transform its business and create a sustainable competitive advantage.

AddisonMckee is globally renowned for the design, manufacture and supply of some of the world's finest tube bending and end forming technologies - for increasingly complex automotive, aviation, truck and shipbuilding requirements.

In addition, AddisonMckee also offers highly innovative muffler and catalytic converter assembly systems, hydraulic press machinery, tube inspection systems, plant automation and complete work cell integration.

Along with these capabilities, a whole range of tooling and accessory options are also provided, as are comprehensive maintenance and service contracts, training and education programmes and financial services.

Where applicable, AddisonMckee is also able to offer customers the opportunity of machine rebuilds, refurbishment, upgrades and trade-ins.

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