A Bilston firm has bucked the economic downturn by celebrating its best ever month.
The good performance from Excalibur Manufacturing in August coincided with the installation of a new sheet metal working punching machine, installed at a cost of more than £300,000.
Managing director Richard Gilbert said: “It seemed incredible that we have achieved this uplift so quickly after the new CNC machine was installed.
“Despite having to juggle a few things whilst it was being installed this machine has increased our efficiency and tripled our sheetmetal capacity”
Established in 2003, Excalibur was born out of the sale of leading vending machine producer N & W Global Vending, and Mr Gilbert saw a gap in the market for manufacturing and assembling electromechanical products.
“We do a lot of refurbishment and recycling of vending machines for customers including N & W – their support over the last five years has been vital to us,” he said.
“We expanded into sheet metal component assembly which now makes up about two thirds of our business.”
He added that the company tried to work with a small number of businesses that are leaders in their respective fields.
