Diversifying prodcution: Investment in new turn-milling capability doubles turnover and quadruples profits

摘要

Within just 12 months of diversifying his highly successful prismatic machining company into one that also provides a production capability for small turn-milled parts, Crown Precision Engineering's managing director Mick Purton doubled his company's turnover and quadrupled its profits, This Miltor Keynes sub-contractor is also winning work from new customers in the USA, Mexico and throughout most of Europe, The key to this success was an investment in two new sliding-head autos that are proving to be so productive that Mr Purton has been able to reduce his hourly machining rates by almost a quarter and win even more work.