£500K INVESTMENT IN FARO TECHNOLOGIES EQUIPMENT LEADS TO RAPID GROWTH FOR MANCHESTER METROLOGY
An investment of £500k into new equipment from faro technologies has resulted in rapid growth for Manchester Metrology. Since its inception in 2008 Manchester Metrology has become a market leader in the inspection of engineered components with a record turnover of £1.4m in 2014.
Over the next three years Manchester Metrology aims to maintain sustainable growth and predicts a turnover of £3.4m by 2017. The company’s long term partnership with equipment supplier Faro will allow Manchester Metrology to stay ahead of the competition in providing the latest faro technologies and training services.
In 2015 alone Manchester Metrology has already invested over £200k in new equipment. This is in addition to the £300k invested in faro technologies in 2014. This significant investment has enabled Manchester Metrology to become a UK leader in the inspection of engineered components, offering an extensive range of equipment hire packages and on-site services.
Manchester Metrology’s extensive client base includes global machine manufacturer JCB, engineering giant Babcock and world water speed record project Quicksilver. More recently Manchester Metrology provided three employees to work alongside Rolls Royce in Derby following the win of a major £1.6bn contract.
Employee development is another key area of investment, with three new employees this year and the possibility of an apprenticeship scheme in the near future, Manchester Metrology is dedicated to creating new opportunities in the local area. Paul Bulman, Managing Director states “We have employed staff from the local community and invested in training to provide opportunities for the younger generation to enhance their skill level and introduce them to new and exciting roles within the metrology sector. There is a definite shortage of skilled metrologists and we have taken it upon ourselves to invest in the right training to ensure our workforce has the knowledge and skill to represent the company and maintain our strong reputation.”
Export is a growing side of the business and there has been a significant increase in the volume of products being shipped across Europe. Manchester Metrology attended its first European trade show last year in Stuttgart which has resulted in several big contracts for measurement services in Portugal, Qatar, France and Norway.
For more details of the press release please contact Sharon Waknine at firstname.lastname@example.org or call Conception Marketing on 0161 875 2480