Machining Prices Halved By Investment Policy
01 Nov 2004
By adopting a policy of buying affordable, high technology production equipment, George Thompson, managing director of Tewkesbury-based contract machinist, Helander Precision Engineering, has reduced component prices over the past five years by 48%. In the last three years, Helander has invested £1.6 million in new machine tools.
George sees machine tool investments as the only way can he make sufficient profit on his offshore and aerospace work to expand his business. Managed projects are a particular speciality, encompassing not only component manufacture but also assembly, plating, hard facing, welding and flaw detection. Prismatic machining accounts for 75% of the work going through the shop, while the remainder are rotational parts that are almost exclusively mill-turned.
The latest purchases include the company's first twin-pallet-change vertical machining centre (VMC), a Daewoo ACE VC500 with rotary table, and a single-table Mynx 540 VMC with a 4th axis indexing table, two Puma 400 oil industry lathes including a long-bed model, and a smaller Lynx 210L turning machine with a 12-station turret for machining parts up to 280mm diameter.
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