The company serves the automotive, motor sport, aerospace and medical industries, specialising in the design, development and manufacture of models, patterns, tools, moulds and components, in materials including tooling boards, tool steels and carbon fibre, all from its Nuneaton facility.

Mr Argyle said: “The automotive sector in the West Midlands remains unrivalled on the world stage for quality and innovation and it is fighting back hard against the setbacks of recent years.

“Our customer base is growing rapidly, we are experiencing increasing opportunities from Europe and further afield, and we are offering new craftsmanship processes to enable vehicle manufacturers and their first-tier suppliers to access all these services under one roof.

“As a result of this latest round of investment we now have 20 CNC machines, of which seven are true 5-axis machines, giving us more capacity, more speed, and the flexibility to complete programmes that cannot be handled by our UK competitors.”

Mr Argyle continued: “With the recent investment in our UK facility, and our studio in India, NPL is well-placed to offer the full range of craftsmanship services to many of the world’s car manufacturers.”

As a result of these latest developments NPL is currently looking to recruit skilled personnel for its CAD, composites, inspection and administration teams, and is also searching for additional CNC operators.