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Bold Business Plan Meets DTI's Challenge Head On
01 Sep 2004
Business development director Andrew Chantrill of sub-contract machinist Springer Rapid Industries, Rotherham, expounds the virtues of the DTI's Manufacturing Strategy. As far as he is concerned the document is a challenge that his company should meet head on. Springer Rapid's business plan says that: '..In five year's time we will be the largest five-axis sub-contract machining company in the UK'.
Since the company's first machine was installed on 1 June 2004, the firm has already had to recruit additional staff and switch to 24/7 working.
The company's early success is on the back of investments made so far and has resulted in the company wining work away from uncompetitive suppliers and, in one particular case, preventing high value work from being lost to the UK altogether.
In fact, Springer Rapid embarked on a multi-million pound investment programme before any of its directors had studied the Manufacturing Strategy in detail. It was always the intention of the recently established company to avoid the pitfalls of a business that was not subject to sustained investment. "Thanks to our belief in investing in the best equipment and people, and ensuring that it is ideal for the work we are targeting, we are now reaping the rewards, " says Mr Chantrill.
www.springer-rapid.com
