Grenville Engineering the leading Complete Fabrication Solution provider has invested £500,000 in the latest fiber laser technology.
The Bystronic BySprint 3015 fiber laser supports the company's ongoing commitment to invest in new technology and provide an enhanced service offering for its customers.
Acquiring the new fiber laser opens new capabilities with the addition of cutting new materials such as brass and copper.
The new laser can cut with greater speed and accuracy than conventional CO2 lasers providing cost efficiencies and shorter lead times.
The Bystronic laser can cut up to 20mm mild steel, 12mm stainless and aluminium including now 6mm in brass and copper.
Joint Managing Director, Tony Fryer says " A major investment of £500,000 has been made by Grenville Engineering to enhance its position in an increasingly competitive market of sheet metal fabrications.
The latest Fiber Laser Cutting machine recently installed will boost productivity to meet the demands of a current loyal and growing customer base, ensuring competitiveness along with sustained quality and service.
The Fibre Laser will be supported by a second investment of two CNC Press Brake machines to be installed early December.
The company is expected to reach a £4m turnover by the end of 2016 with further growth in the region of £5m - £6m predicted over the next 3 years.
Grenville's continued success is largely attributable to its hard working employees who are always willing to Rise to new challenges, the latest acquisitions will require and secure additional employment to its increasing work force of 56 employees during 2017 and beyond."