Midland Tool and Design is set for a major expansion after securing one of their biggest ever contracts.
The Tipton-based precision engineering firm has leased three units near their current headquarters, which will be dedicated to the project, stamping motor laminations for a leading manufacturer of domestic heating appliances.
The 20% expansion will enable MTD to diversify into a new area of assembly, including spot-welding, and single action press work (up to 125 tonnes), complementing a high speed progressive press shop of up to 200 tonnes.
The flourishing firm has invested £50000 in new machinery, and recruited another five staff, including one apprentice, taking the workforce to almost 50.
Managing Director Darren Booton said: We secured this contract due to the range of services we can provide in-house.
We have manufactured a complete set of press tools, which will be used to stamp the laminations and finish and weld the assemblies.
We are moving into a very exciting phase for the business, with a number of other potential projects on the horizon as well as the expansion.
We can be optimistic about the future.
Established in 1969, Midland Tool and Design was originally a precision tool-making business, but is now a complete solutions provider, ranging from prototyping, to product development, to manufacturing.
The firm supplies precision components to companies in the aerospace, medical and automotive engineering sectors.
Further information is available at www.mtdltd.co.uk.