Partner Article
Redcar’s ElringKlinger secures Ford manufacturing contract
ElringKlinger (GB) has landed major supply contract with Ford and invested in new machinery, securing a sales pipeline of over £19.5m throughout the project lifetime.
The automotive manufacturer has beat off international competition after providing a competitive cost solution for automotive giant Ford, and investing over £2m in a state-of-the-art 400 tonne Servo Press at its Redcar site.
The new machinery will see production exceed 900,000 parts per annum and cements the contract for the next five years.
Having spent 12 months investigating the best options, assessing numerous Power Press manufacturers, looking at machine reliability, precision and process capability, the company engineer’s finally procured the latest Schuler press technology. The design, development and tooling manufacturing phases are now complete and the production of components has now commenced on Teesside.
ElringKlinger (GB’s) most recent announcement follows on from successes announced earlier in the year after securing several significant contracts with Jaguar Land Rover, which saw upwards of 20 jobs created and £6m invested in new machinery.
Ian Malcolm, managing director of ElringKlinger (GB), said: “The need to ensure our competiveness was paramount and this investment indicates our commitment to both Ford and to the local economy, supporting and achieving the aggressive growth targets we set ourselves two years ago, and underpinning the recruitment we committed to in 2014 and 2015. Our production and technical teams are now trained and in place to support this fantastic business acquisition for ElringKlinger (GB).
“The next target is to grow from around £17m product turnover in 2014 to £40m by 2020. We’ve been in business for 51 years on Teesside and have invested heavily in the last 18 months – in our site, facilities and people. We plan to build on this and continue to achieve bigger and better things going forwards.”
This was posted in Bdaily's Members' News section by Ellen Forster .
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