Hymid increases competitiveness to win back work from low-cost countries

Hymid300Plastic injection mouldings manufacturer Hymid Multi-Shot has relocated to a new 18,000 sq ft factory and posted a 50% increase in sales after implementing a fresh business strategy.

The firm, based in Torquay, Devon supplies the medical, instrument & measurement and electronics markets, increased its competitiveness within a global supply chain and won new orders from work previously sourced in low-cost countries.

Chief executive Colin Spencer Halsey (pictured left) said: “We mapped out a clear, strategic vision for the business and decided on the model we wanted to adopt moving forward. It was the detail of how to plan and implement this that we needed some support with.”

The support came from the Manufacturing Advisory Service (MAS) which helped with a people, systems and processes programme, icluding lean manufacturing, value stream mapping and Six Sigma.

Phil Halse (pictured right), MAS Advisor for Devon, said it had been rewarding to help oversee the company’s relocation and witness its increase in capability.

This material is protected by copyright Ken Hurst 2013.

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About Ken Hurst

Ken Hurst began his career as a journalist in London over 30 years ago, working on a range of publications before moving on to weekly newspaper production in the newly-independent Zambia of the 1970s. He returned to the UK where his work included spells on newspapers and magazines, before moving to head up Norwich Union’s corporate affairs division. In the 1990s he moved on to freelance, co-own and publish the B2B audio magazine Sound and front the BBC radio Yesterday’s Papers programme. There followed six years as Business Editor at Britain’s biggest selling regional daily newspaper, The Eastern Daily Press, where he led an award-winning team and for whom he still writes a weekly socio/political comment column. Subsequently, he was Group Editorial Director at CBM, responsible for its UK and US magazine output – including The Manufacturer magazine – research-driven industry reports and live events content. Currently he is Contributing Editor at Works Management magazine publisher Findlay Media and Chairman of the consumer publishing house TNT Multimedia Ltd. He is a Fellow of the Royal Society of Arts and of the British Association of Communicators in Business.
This entry was posted in Continuous improvement, Electronics, Manufacturing management, medical, Moves/expansion, plastics, sales & marketing and tagged , , . Bookmark the permalink.

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