An electronics manufacturer which has reported a 50 per cent increase in sales over the last 12 months is hoping to break the £40 million sales barrier this year.
PP Control & Automation, located in Cheslyn Hay, has seen sales rise from £24 million to £36 million and is hoping to secure an extra £4 million in orders by investing in automation technologies.
The company, one of the UK’s leading strategic manufacturing outsourcing specialists, works with over 20 of the world’s most successful machinery builders in a wide range of markets.
A £250,000 investment is being made into a new Komax Zeta 640 harness machine fitted with twister, ferrule station and 2-off crimp press.
Chief Information Officer Ian Knight said: “We are massive advocates of combining investment in automation with investment in people and this blended approach seems to be paying off with a record year in 2023 and strong growth prospects for the next twelve months.
“The Komax investment brings the latest crimping technology to our state-of-the-art facility and will provide the business with greater capacity, greater speed and the ability to eliminate human error that can prove so costly.”
He added: “It will also give us improved inkjet marking capability when it comes to quality, fonts and different sizes.”
The company has said it has greater stability to plan for growth thanks to global supply chains beginning to settle and lead times on materials starting to reduce.
Chief Executive Tony Hague said: “Despite all the pressures we’ve faced, the country has remained unbelievably resilient and there’s a real desire to buy British.
“We must capitalise on this by working together to bring manufacturing back home through design, innovation and by adding value. These are our strengths and now is the time to make the most of them.
“At PP C&A we have already started to benefit by working with international customers to help them launch new technologies in green energy, as well as developing a whole host of new innovations that will hopefully accelerate the move to cleaner transport.”
He added: “Two major international countries for us in 2024 will be the Netherlands and Denmark – I can see real growth potential in these territories.”