Arrowsmith wins largest ever order book and King’s award

A leading UK manufacturer of precision aerospace components has secured a string of new multi-million pound contracts – just a few days after it was named as a King’s Award for Enterprise winner for International Trade.

Arrowsmith Engineering (Coventry), which is part of the ASG Group, has sealed long-term agreements with ITP Spain, Incora and Rolls-Royce in the UK and Germany, delivering the largest order book in its 57-year history.

It marks what has been a strong export period for the business, with overseas sales rocketing by nearly 400% and accounting for 35% of the firm’s annual £8.3m turnover.

Precision components manufactured at its Bayton Road factory in Coventry are sent to global customers in Brazil, China, France, Germany, Singapore, and Spain for end use in aerospace engines, landing gears and air frames.

Jason Aldridge, managing director of Arrowsmith Engineering, commented: “It has been some week; from securing the International Trade title in the King’s Award for Enterprise on Monday to announcing our largest orderbook, underpinned by these landmark long-term agreements with some of the biggest names in aerospace.

“Civil aviation – a major market for us – literally dropped off the cliff with the pandemic and we had to show good old-fashioned resilience and a fair bit of business innovation to get through it. But now we are back and targeting our best-ever year of over £11 million sales.”

Arrowsmith Engineering, which has been reaccredited for the Silver SC21 supply chain award for quality and delivery performance, has just taken delivery of two further dual spindle Lynx 21000ISLYA/B CNC Mills machines.

This £300k investment follows the success of the recently installed 3 Lynx machines and the 5-axis DVF5000 and 4-axis DNM4500 cobot systems.

Plans are now in place to take annual sales past £25 million over the next two years and this should result in the creation of a further 15 positions, with the focus on getting more women into engineering.

Aldridge added: “The King’s Award is fantastic news for our business and is testimony to how our staff have gone above and beyond to help us overcome the troubles of the pandemic and emerge even stronger.”

Simon Weston, managing director of ASG Group, concluded: “ASG Arrowsmith operates to the highest world class manufacturing standards, and this is reinforced not only by the King’s Award, but the long-term customer agreements it has secured in the last week.”

ASG Arrowsmith

www.asg-group.co/arrowsmith