Northern Ireland aluminium frames supplier Innovated Aluminium Technology (IAT) has experienced a 60 per cent increase in efficiency, following the installation of two cutting-edge machines in early 2024.
{alcircleadd}The machines have also reportedly reduced the Eglington-based company’s overall material wastage by 15 per cent. They work from a fully automated digital system and deliver the most accurate and precise result because of the digitised process. Due to a high level efficiency, these machines handle mass production effortlessly, enabling IAT to tender for larger projects.
These machines were installed via a finance deal secured by Johnston Financial Solutions.
Managing director, Leslie McClements, said: “In the manufacturing sector there is a need to constantly innovate, and work efficiently whilst producing high quality work and meeting customer demand. We knew the installation of these machines would help us do all of that. However, we required a financial solution to enable us to purchase and take the initiative forward.”
Mark Johnston, director, Johnston Financial Solutions, commented: “IAT required a somewhat challenging financial deal in that they needed a longer approval period than traditional models because of the lead-in time for the machines. The machinery was also located in ROI which posed a currency issue. However, whilst this was an unusual request it was something we were able to manage given our experience in this area. In short, we secured a 12-month approval period on the finance and a higher limit to allow for any currency fluctuations.”
He added: “I was delighted to help IAT secure finance for the installation of these two machines which has significantly benefited and improved efficiencies for the company. The manufacturing sector is under increasing demands with rising energy costs, a pressure to reduce carbon footprint and a need to constantly innovate. The reductions in material wastage and improvements that the company has made in a relatively short period of time are really impressive.”
Speaking about the finance deal, Leslie said: “Mark quite simply made my dream a reality. As a business we are continually seeking to improve and innovate particularly through new technology and equipment and it was through the finance deal that we were able to progress and secure this new equipment which allowed us to grow and improve as a business.”
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