Product category:
EDM wire cutting
News Release from: Charmilles Technologies Corporation | Subject: Charmilles Robofil twin-wire EDM centres
Edited by the Manufacturingtalk Editorial
Team on 19 October 2001
Company expansion includes latest EDM
Broadbans Engineering has invested over GBP2m in the latest mould and die machine tool technology, including the UKs first installed Charmilles Robofil twin-wire EDM centres earlier this year.
Having invested more than GBP2m in the latest mould and die machine tool technology, including the UKs first installed Charmilles Robofil twin-wire EDM centres earlier this year, GTMA member and Welwyn Garden City-based Broadbans Engineering are reforming the company in the next phase of Managing Director, John Cooper's 'global company vision' 'The market is continually changing', states Cooper, 'and we must be brave enough to recognise our limitations and effect a rationalisation of the company
This article was originally published on Manufacturingtalk on 22 Mar 2001 at 8.00am (UK)
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We have some unprofitable areas of the company that we need to address in order to increase business across the continent and to continue down the path towards 'lights-out' manufacture.' He was talking of the next phase in the company's planned transformation which will see the present company reformed, moving to bespoke premises where the presently split toolmaking and moulding processes will be brought under one roof.
'We have some of the most advanced production tools and the technical capabilities to meet our present and future customer needs, yet sit within buildings more than 50-years old, hence the planned relocation.' continued Cooper.
'I want to modernise work practices and technology to an extent where the toolmaking business runs on a 'lights-out basis'.
However, when you take a step towards automated production of mould tools you have to recognise that they will replace presently manned production.
Our objective is to evolve the present operation into a leaner, more marketable company, that can compete with European and Far East toolmakers.' Broadbans has nett assets of nearly GBP1m and the 'New Broadbans' will be exhibiting in Frankfurt at EuroMold 2001 later this year.
'There is a definite downturn in the electronics business, but some of our customers are planning for new product line and we are continuing to pick up business.
We recently received sizeable orders from electronics companies allied to the Automotive sector in Germany and Eire.
There is no doubt in my mind that the reformed company will be a GBP5-?10m turnover company in five or six years.' concluded John Cooper.
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