A £300,000 investment in new machinery by Victor Manufacturing at its Bradford plant will improve production and allow the company to expand into new markets.
Mick Shaddock, managing director of Victor, says the upgrade was necessary to deliver greater speed of processing and greater accuracy, which will also benefit assembly further down the line. "The technology is hugely sophisticated and the most up to date in the country as they are the latest generation of machines and will integrate seamlessly with the CAD/CAM design process," he said.
The six-figure cash injection, augmented by a grant from the Leeds region’s Business Growth Programme, has been spent on two press brake machines to replace its existing folding machines which were over a decade old.
"What the new machinery does is increase our capacity and speed, which will allow us to look at new markets. Significantly, it opens up our capacity to serve the retail market, which is still a relatively new area for Victor."
Victor Manufacturing has recently enjoyed success in the retail market following the launch of its award-winning Optimax refrigerated merchandising units and the company predicts the plant upgrade will enhance its presence in this competitive market.
Victor Manufacturing was able to take advantage of the Leeds City region's £20 million Business Growth Programme, which uses money from the Government’s Regional Growth Fund to support local firms. The investment has helped to create three new jobs at the firm, bringing the total workforce up to 85.
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