Industry News

Alloy Wire International (AWI) has set its sights on future growth after it announced work had begun on a new warehouse investment in the Black Country, UK.

AWI is a leading manufacturer of round, flat and profile wire and is spending over GB£500,000 (€593,000) on the construction of a dedicated 2,880 square foot space alongside its existing Narrowboat Way factory.

Designed to help the firm meet increasing global customer demand for its material, the investment includes the doubling of electrical capacity with an application submitted to increase input to allow for the installation of more machines and a new furnace.

It will also mean AWI can hold up to 400 tonnes of stock when the expansion is completed in June and this safeguards security of supply to its clients for the foreseeable future.

Tom Mander, managing director designate at Alloy Wire International, commented: “We finished 2021 with two record months and we expect March to be our best ever order intake, as the world’s manufacturing sectors try to protect against future disruption. Interest is coming from all the markets we supply, whether that is oil and gas, nuclear, spring making, medical or advanced engineering. This has given us the confidence to press the button on our latest investment and the additional warehousing we’re going to need. The investment gives us the confidence and, importantly, the platform, to increase our stock range and explore new alloys that offer different solutions to our clients.”

Tom continued: “Other new investments are planned for the next twelve months, including a new multi-head spooling machine in our annealing section and a wet drawing machine for very fine wires between 0.002 inches (0.06mm) to 0.005 inches (0.15mm). These will give our customers increased choice of products, improved spooling, tighter tolerance and improved quality.”