Birmingham-based Matco Engineering believes it has sharpened its competitive edge after investing £60,000 in a Mitsubishi M-H5B twin pallet horizontal machining centre.
The investment has helped Matco secure a growth in business of more than 30 per cent from its largest customer.
Matt Bishop, director of Matco, said the fledgling company, established in April, has also secured long-term business from new customers, most notably in the transport industry.
He said: ‘The machine is helping us to service these new contracts, and also gives us the competitive edge we need to go out and find new business as we pursue our growth plan.
‘Our focus is on providing small and medium-size manufacturers with a reliable source of supply for machined parts, and offering the same levels of service that very large manufacturers enjoy. This approach has proved popular, and it is helping us to grow despite the economic downturn.’
The machine is said to offer greater flexibility, and horizontal working allows the company to machine parts in one complete operation.
The Mitsubishi M-H5B twin pallet horizontal machining centre is operating alongside a suite of vertical machining centres.
The machine has a pallet size of 500 x 500mm. The spindle works at 12,000rpm within a working envelope of 650 x 650 x 650mm. It is equipped with a 60-tool changer carousel.
This latest purchase takes Matco’s investment in capital equipment to more than £250,000. It will be used to service business across the company’s customer base in the automotive, transportation and general manufacturing sectors.