The two divisions now account for a floor area of 5,000ft2, or 25% of the company's overall factory space. What this means for the customer is that ITC will have over 20,000 cutting tool products in stock at any one time with a value of £3 million.
ITC's managing director, Peter Graves, commented: "The on-going company expansion will see our production capacity more than double over the next few years. Added to this, our representation of high quality cutting tools and tool holding products from Widia, Big Kaiser and Micro 100 is being very well received in the marketplace.
"To facilitate the uptake in demand for these new product lines as well as our increased production rates, we have expanded our workforce. So, our stockholding and inventory management is the next natural step. Holding more extensive product lines will give us greater market penetration whilst enabling us to expand our 'next day' delivery capability”
The increased capacity of both the stores and dispatch departments will ensure that ITC maintains its commitment to quality customer service whilst facilitating the on-going growth of the company.
