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Source Engineering invests £100k in a new press and now eyes 20% turnover hike

A Plymouth manufacturer has invested £100,000 into a high-speed press line to boost capacity ahead of a raft of new opportunities.

Source Engineering, a specialist in precision pressed parts and machined components, employs 32 people across its two divisions in Plympton.

The firm has tapped into the expertise of industry leading high-speed press maker Bruderer UK to purchase a machine that can do the work of four conventional HME (Hordern, Mason & Edwards) power presses.

The BSTA 200M 20-tonne stamping press was identified as the ideal solution and is now up and running at Source Engineering’s Langage Business Park facility, achieving 300 strokes per minute which represents a 200% increase in production output across a range of products destined for the automotive, electrical wholesale and oil and gas markets.

Read the full story – here

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