Auto supplier secures new contracts after machine investment
Investment in a new state-of-the-art machine has helped a Cannock automotive supplier win new contracts worth more than £750,000.
RSD Pressings, which supplies components for seats, sub-frames, cross car beams, bumpers and body, has installed a new GTX300 Chin Fong Progression Press, which it purchased from Worcester Presses.
The new machinery means the firm can now produce much bigger parts for tier 1 customers and major car manufacturers.
Nearly £350,000 has been spent on the machine and a Tomac TLN4 coil line, with more than £100,000 secured from Stoke-on-Trent and Staffordshire Grants 4 Growth and the European Regional Development Fund.
Three new jobs have already been created as a result of the investment and a further eight will be recruited over the course of the next 12 months once production starts on the projects already secured.
Daniel Burton, Operations Director at RSD Pressings, said: “The components we manufacture at our new facility in Cannock end up in millions of cars all over the world, including Aston Martin, BMW, Jaguar Land Rover, Nissan and Volvo
“We recognised the opportunity to expand our product offering by acquiring a press with a much bigger bed size and had been impressed with the reliability and performance of the OCP 260 tonne Chin Fong we purchased a few years ago.”
He said Worcester Presses had assessed the firm’s requirements and then developed a turnkey solution.
“This machine has doubled our bed size and has already led to several new orders that we wouldn’t have been able to take on previously. There is still lots of capacity on it too, which means we are looking for even more new work,” he added.
RSD Pressings, which boasts annual sales of £5m and employs 50 people at its state-of-the-art facility on Gallan Park, has worked with Dudley-based Worcester Presses for more than five years.
The relationship has seen it purchase eight machines over that time.
Russell Hartill, Director of Worcester Presses, said: “The GTX is a state-of-the-art press in every sense of the word and offers fantastic performance, reliability and, with the large bed size, capacity.
“RSD is already reaping the benefits with three long-term contracts already secured and the potential of more to come. It’s one of the region’s best kept manufacturing secrets and we’re delighted to be supporting the next stage of its growth.”
Established in 1949, Worcester Presses has seen a 30% increase in sales over the last 12 months from customers involved in the automotive, aerospace, construction and medical sectors.
As part of its expansion, it has recently recruited an additional service engineer, taking its total workforce to 14.