Precision machinist firm Machined Component Systems has revealed a sales rise of more than a third in its 25th anniversary year.
The company, which employs 34 people in Redditch, has seen sales rise to £3 million for the first time in its history in the year to December, compared to £2.2 million in 2010.
The growth in turnover has been complimented by a record investment in six new CNC machine tools, as the company looks to expand further in 2012 by specialising in parts that rivals cannot produce.
MCS supplies a range of turned, milled and drilled parts and precision engineered machined components to customers in industry sectors as diverse as automotive, petrochemical, environmental, transport, marine, healthcare and white goods. Managing director Warren Gray said: “Our continuous investment in equipment and our people working with a positive ‘can do’ philosophy sets us apart in our ability to work in close collaboration with customers in providing cost-effective, high quality machining solutions.”
The company was established in 1986 by Mr Gray’s father Jim – who is now chairman of the firm.
Warren Gray said the company had recently reinstated apprenticeships, which he believes is a sign that any recession in manufacturing may be over.
“We regularly invest in equipment; so, investing in the workforce is another measure of our confidence in the future,” he said.