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Product category: Manufacturing industry news
News Release from: Impact Precision
Edited by the Manufacturingtalk Editorial Team on 01 August 2005

UK sub-contractor invests GBP 1.5m in
machining

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Advanced mill/turn centres and VMCs, plus further CNC lathe additions, form the core of a GBP 1.5 million investment programme being undertaken by a UK sub-contract machinist.

Impact Precision, the round-the-clock fast response CNC machining service set up 12 months ago by managing director Paul Cobb has committed to a GBP 1.5 million expansion programme The investment will fund a new facility in Mansfield, the installation of two Nakamura WT150 WT 250 mill/turn centres and four Haas VF2 SS vertical machining centres to be followed by other CNC lathe purchases

Jobs will also be created for a further 10 highly skilled people.

Says Cobb: "We just cannot believe the take-up for our service which has already established sales of GBP 1 million in its first year of trading." The fast response CNC mill/turning service is created around a small agile business able to achieve high quality, short lead time production.

Its success has been the production of parts normally requiring multi-operational sequences machined in mainly 'one-hit' cycles in materials as diverse as aluminium, brass, acetal and 303 stainless steel." Impact Precision was set up in a 2,000ft2 machine shop in Nottingham in June 2004 following an investment of GBP 500,000 in new CNC machine tools backed with high levels of skills from five people with experience in the aerospace contracting sectors.

In order to support the service, off-line programming and DNC linking was established to the machine tools with very flexible quick to set fixturing.

Standard tooling is used wherever possible to enable a fast response and maximise machine utilisation.

For delivery, an overnight service is provided to anywhere in the UK.

The new 8,500ft2 facility in Mansfield will be fully operational during September, 2005.

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