Grenville Engineering has invested £500,000 in the latest fibre laser technology.
The Bystronic BySprint 3015 fibre laser supports the company's ongoing commitment to invest in new technology and provide an enhanced service offering to its customers.
Acquiring the new fibre laser opens new capabilities with the addition of cutting new materials such as brass and copper. The new addition can cut with greater speed and accuracy than conventional CO2 lasers providing cost efficiencies and shorter lead-times. It can cut up to 20mm mild steel, 12mm stainless and aluminium and 6mm in brass and copper.
Tony Fryer, Joint managing director at Grenville said: "A major investment of £500,000 has been made by Grenville Engineering to enhance its position in an increasingly competitive market of sheetmetal fabrications. The latest fibre laser cutting machine recently installed will boost productivity to meet the demands of a current loyal and growing customer base, ensuring competitiveness along with sustained quality and service. The fibre laser will be supported by a second investment of two CNC press brake machines to be installed early December.
“The company is expected to reach a £4 million turnover by the end of 2016 with further growth in the region of £5-6 million predicted over the next three years,” he continued. “Grenville's continued success is largely attributable to its hardworking employees who are always willing to rise to new challenges. The latest acquisitions will require and secure additional employment to our increasing work force of 56 employees during 2017 and beyond."
Grenville Engineering www.grenville-engineering.co.uk