Since launching as a new company under a new brand earlier this year, Lesjöfors Heavy Springs UK has invested £1.1 million in new machinery, in direct response to customer demand and growth in newly identified markets.
Following a 60% growth in its industrial sales in 2021 and further growth of 20% for 2022, the spring manufacturer, with sites in Penryn and Redruth, is significantly increasing capacity, expanding production capabilities and advancing its supply chain processes with a suite of new state-of-the-art machinery.
Michael Gibbs, MD of the UK factories, said: “This is a big investment and this year has seen a number of big changes, showing confidence in our market position. Our strategy for growth has enabled us to expand our capacity in the UK, to separate our automotive and industrial sector work across two industry specific dedicated sites and to expand our industrial business even further.”
The industrial divisions expansion in Penryn includes investment in a new CNC coiler which extends the wire coiling capabilities in the UK to 20mm wire diameter, in line with larger spring wire requirements from a growing global customer base. Weighing in at 30 tonnes, the new CNC coiler is integrated with a new 10m long in-line heat treatment oven, doubling heat treatment efficiencies.
Rounding off a grinding equipment investment programme of a further £1 million since 2017, a new spring grinder doubles the grinding capacity in the industrial division. There has also been further investment in new lifting equipment.
Concluding the investments is an additional shot peener for the newly dedicated automotive sector manufacturing site in Redruth.