More profitable thanks to Star
Manufacture of mill-turned components has become much more profitable at Staffordshire Precision Engineering (SPE), Newcastle-under-Lyme, since the subcontractor invested in a Star SR-20J sliding-head CNC lathe in February 2009.
Joint managing directors, Phil and Gary Smith, say it is the result of reducing cycle times on existing components and bringing work in-house that was previously subcontracted. Most importantly, however, the Star lathe gives them the opportunity of attracting new business that they would not otherwise have won.
When Phil Smith joined the company in 1997, half of the company’s turnover came from truck manufacturers, but that type of open-tolerance work has largely disappeared overseas and very little remains at SPE.
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