June 21, 2017
It is interesting to see these 2013 posts attracting attention and an unprecedented number of visitors from the United States – three times as many as from the UK, which usually heads the list.
Newby Foundries (iron & steel castings) has overcome its difficulties and BI Composites (Halesowen) was taken over by Linecross (above), saving 120 jobs. This means we say farewell as it now has 280 employees, more than the SME upper limit of 250.
The last entry on the Linecross website was dated 2015 – but probably public outreach is not a priority for the busy company. At the end of 2016 it was selected as one of the UK’s fastest growing private-companies by Real Business.
The advent of a solitary reader from Kazakhstan caused the writer to wonder what the link would be. She found that this country is home to one of the companies in Russia’s POLYPLASTIC Group. As a manufacturer of plastic materials and a processor into several products, reading about the wider range of Linecross products would be of interest and we noted several POLYPLASTIC UK contacts.
See one Kazakh POLYPLASTIC factory here: Arystan Stepnogorsky Pipe Plant http://en.polyplastic.ru/en_contacts
Russia’s industry was being severely damaged by a financial crisis in the 90s but POLYPLASTIC, set up in 1991 managed to maintain its level of production, becoming a top-rated plastics processing conglomerate.
Next week: an update on Kings Norton’s Adi Group
January 27, 2017
Walsall-based Albert Jagger is a large manufacturer and suppliers to the commercial vehicle bodybuilder, boat builder, agricultural and engineering industries in the UK.
It has consolidated its supply chain by acquiring Prestwood Engineering. one of the leading manufacturers of pressed components, welded assemblies and fabrications in the West Midlands. Prestwood employees are being retained and will join the100-strong workforce at Albert Jagger.
Prestwood, also based in Walsall, is one of the leading manufacturers of pressed components, welded assemblies and fabrications in the West Midlands. It specialises in low and medium volumes for the spare parts and after-market industries, supplying countries worldwide.
Corporate finance partner Andy Kay said: “The strategic thinking behind the deal was to bring in some ‘on shore’ manufacturing capability and was the result of a strategic review of the business we conducted with the directors.” Mr Kay was supported on the deal by CCW partner Johnathan Dudley and corporate finance manager Chasz Coulsting, who said:
“Albert Jagger have taken a long hard look at the events of 2016 and made the decision to bring some of their manufacturing closer to home. Prestwood Engineering was an ideal fit and provides both increased and varied capacity as well as economies of scale and distance.”