Wednesday, May 20, 2015

News: MGB invests in Rotherham facility

By

Manufacturing firm, MGB Plastics, has made a seven figure investment in new machinery at its Rotherham facility to help increase production and target new markets.

MGB Plastics is the UK's leading manufacturer of wheeled bins and kitchen caddies and its 5,000 sq m Barbot Hall facility has been expanded a number of times and now has the manufacturing capacity of two million wheeled bins per annum.

A deal concluded last year saw Dublin-based One51plc, the owner of MGB, acquire Yorkshire firm Straight plc for £10.7m. The parent company brought together seven businesses under a new brand called OnePlastics Group, created with a vision to be the leading provider of plastics products to a variety of sectors.

As it looks to post a record-breaking year, the company has already secured a number of contracts with local authorities, including multi-million pound contracts from Birmingham City Council as part of the largest roll-out of bins ever seen in Western Europe and a four year contract to supply wheeled bins and containers to Rotherham Council.

The group has shown commitment to UK manufacturing by bolstering its business with a new 2700t Krauss Maffei injection moulding machine at its Rotherham factory.

The recent addition - its fourth investment in as many years - will complement its existing portfolio of equipment to allow the company to manufacture more products, cope with extra demand and boost sales as it targets a growing share of the market.

Karl Stillman, group sales director at OnePlastics, said: "We are delighted to have acquired this new machine which is central to our long-term plans and a perfect complement to our existing portfolio. It will fulfil our immediate requirements of existing clients while giving us that extra production capacity to cope with extra demand as we look to increase our client base.

"We are seeing a strong order intake from clients within all of our chosen market sectors and are expecting a record breaking year in 2015. 

"The investment programme fits perfectly with the strategic goal of OnePlastics parent company One51 Plc to grow both organically and through acquisition."

The new Krauss Maffei 2700t injection moulding machine tool will mean reduced setup times leading to increased flexibility and energy efficiency combined with shorter production lead times.

Alongside recent purchases of 2300t and 2700t Krauss Maffei machines, MGB Plastics now operates one of the largest selections of heavy tonnage injection moulding machines in the UK.

MGB Plastics website

Images: MGB Plastics

0 comments:

Sponsored by:
Members:
Supported by:
More news...

  © Blogger template Newspaper III by Ourblogtemplates.com 2008

Back to TOP