The mechanical and hydraulic press provider Worcester Presses is aiming to mark 65 years of manufacturing in Stourbridge by hitting £1.75m annual sales in 2014, helped by capital investment by the automotive industry which has generated demand for its machines.
Worcester Presses, which employs eight people at its Titan Works factory, says it has enjoyed a surge in demand, with strong growth in sectors, including automotive, aerospace and building products.
More than 26 presses – ranging in size from 3 to 3000 tonnes – were sold in the UK last year and this has seen turnover increase to over £1.5m, creating a job for the firm’s first apprentice in more than two decades. And in April, Worcester will unveil a new 60 tonne press with quick die change and touch screen control.
The firm’s Russell Hartill said Worcester’s product range had evolved to remain competitive. “This has included the strategic relationships we’ve forged with Chin Fong and Yeh Chiun to supply their power presses and hydraulic presses in the UK,” he added.
“We are still manufacturing machines from our factory and also offering a full refurbishment and repair service and one of the most comprehensive spares stocks in the UK.”
Charles Higgins, who has been involved in the business for more than 30 years, said:
“The current high level of investment in the automotive industry has generated a real demand for our machines from this sector, as the tier 1s and tier 2s are looking to really ramp up production to cope with OEM demands.”
Copyright Ken Hurst 2014