Alucast Ltd, a prominent player in the UK's aluminium die casting sector, is set to achieve a remarkable milestone, surpassing £10 million in sales following a strategic £2 million investment initiative. The infusion of funds has facilitated substantial growth, including a 20% expansion of its workforce, now numbering over 120 individuals at its Wednesbury facility.
The investment has been pivotal in acquiring cutting-edge equipment, such as six CNCs, an HDTD low-pressure machine, and a game-changing 800-tonne LK high-pressure die-casting machine. This advanced machinery, featuring a fully automated cell, enhances efficiency, reduces component handling, and positions Alucast as a respectable competitor in the international market.
How has this monetary influx helped the UK-based company?
This forward-thinking move has already borne fruit, with the company securing a lucrative £1.2 million export contract, emphasising the effectiveness of their strategic decisions. John Swift, CEO of Alucast, highlights the long-term vision guiding their investments, enabling them to navigate economic challenges and capitalise on emerging opportunities in automotive, electrification, and hydraulic components.
Alucast's commitment to meeting increased demand is evident in its diverse casting expertise, covering high/low pressure, gravity, and sand casting. The company's expansive machining capabilities are proving crucial, offering added value services to blue-chip tier 1s and vehicle manufacturers, ensuring a secure and reliable supply chain.
Alucast's role in the Manufacturing Assembly Network (MAN)
As a founding member of the Manufacturing Assembly Network (MAN), Alucast actively contributes to a collaborative initiative shaping the future of UK manufacturing. The MANifesto, focusing on Investment, People, International Trade, Sustainability, and Net Zero, serves as a blueprint for achieving global competitiveness. Martin Haynes, Managing Director of Alucast, urges government support in facilitating growth by removing bureaucratic barriers and incentivising technological and workforce investments.
Alucast's dedication to innovation is evident not only in its capital investments but also in its plans to expand services, including heat treatment, Non-Destructive Testing (NDT), and casting simulation. The company emphasises the need for a level playing field and stable economic conditions to foster sustained growth.
In summary, Alucast's strategic investments and commitment to innovation position them as a leading force in the aluminium die-casting industry, with a focus on meeting evolving market demands and contributing to the growth of UK manufacturing.
If you want to know more about the entire aluminium value chain, please have a look at AL Circle's special report, Global Aluminium Industry Key Trends – 2030.
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