RDM targets £25m sales and promises 25 new jobs

RDM300The engineering group RDM today unveiled a new advanced engineering and vehicle build centre, promising to create 25 new jobs and bring “exciting new projects”  to Coventry where it claims to be one of the fastest growing manufacturing firms in the region.

The group, which currently employs 38 staff and is celebrating its 21st birthday, said it had invested over £400,000 on acquiring an additional 20,000 sq ft facility on the Bilton Industrial Estate and fitting it out with two state-of-the-art CNC machines, three injection moulding machines, a 3-axis router, laser engraver, the latest CAD/CAM software and a dedicated area for vehicle conversions and builds.

Backed by support from Coventry and Warwickshire Local Enterprise Partnership (CWLEP), the company expects to develop new business, repatriate sub-contracted production from China and promote its capability to produce special vehicles and low volume builds.

Chairman David Keene said: “During the last few years, our expert engineers have been increasingly involved in specialist projects that are taking vehicle design and technology to new levels.

“We had reached a point where we knew we could win more work and lead on a host of new opportunities, but needed additional space that could support these ambitions.

“The facility adjacent to our current factory came available and, thanks to support from the LEP’s Growing Places fund, we were able to acquire the building and set out creating a purpose-built manufacturing centre.”

The new machinery and software means RDM Group can now offer precision machining, injection moulding, surface engraving, routing and world class prototyping services.

Finance director Graham Keene said RDM is expecting sales to rise from £6m to £10m in 2014, with a target of £25m by 2018.

He added that while the automotive sector provided most of the company’s business at the moment, it would also be looking for customers involved in aerospace, marine and specialist trim.

He added: “Another target will be to bring work back into the UK that may previously have been manufactured elsewhere.”

Copyright Ken Hurst 2014

Advertisements

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 Aerospace & defence, Automotive, jobs, Manufacturing management, marine, Moves/expansion and tagged , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s