The latest acquisitions are expected to double Advanced Chemical Etching Limited’s current capacity and arrive at time of increasing orders for parts used in next-generation aircraft, F1 cars, state-of-the-art medical implants and cutting-edge fuel cell technology.
ACE Chairman, Alan Rollason commented:
“This is a very exciting time for our business and the fact we have been able to double our floor space gives us the opportunity to attack new opportunities.
“All of the infrastructure and systems have been put in place and we’re just waiting now for deliver and installations of the new etching machines. Once these are up and running we’ll be able to etch many more millions of parts per year in a diverse range of materials.”
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“I’m also delighted that we’ve been able to secure the services of Ian Whateley (as new Managing Director), who has worked in our sector for more than 30 years. He brings with him a wealth of experience overseeing the type of growth we are anticipating.
“His arrival comes at a time when we are stretching the boundaries of innovation with our latest process development for the etching of aluminium and advancements in etching titanium, molybdenum and other exotic materials.”
Ian Whateley added:
“I’m really excited about joining ACE. The company has a unique ability to provide etched part solutions to many complex contracts that our rivals won’t even consider.
“This is a very powerful selling tool and, with the new investment in technology and the building giving us far greater capacity, we are confident we can achieve £6 million sales within the next two to three years. Naturally, this would mean 15 new jobs, taking us up to 50 staff.”
“A lot of money is also channelled into R&D and I’m confident that we’ll be able to announce some exciting advancements soon that are set to come out of the Knowledge Transfer Partnership we’re currently working on with the University of Wolverhampton.”
ACE is part of the Midlands Assembly Network, a collective of eight sub-contract manufacturers (including Alucast, Barkley Plastics, Brandauer, FW Cables, PP Electrical Systems, SMT Developments and Westley Engineering), who collaborate to share best practice and pitch for new contracts.