The Business Magazine - B2B Business News - Site Logo
The Business Magazine - B2B Business News - Site Logo
The Business Magazine May 2024
Read now
PICK YOUR EDITION

Coventry manufacturer optimistic about 2021 after investing in future

17 December 2020
Share
The Business Magazine article image for: Coventry manufacturer optimistic about 2021 after investing in future

A leading Midlands lightweighting specialist says the investments it has made in the past 12 months should lead to growth in the New Year.

Sarginsons Industries, which is based in Torrington Avenue, Coventry, has invested in technology and people despite the challenges of Covid-19 and has even been winning new contracts during the pandemic.

Managing Director Anthony Evans said the company’s diversification and increased consultancy activity through the Sarginsons Technology Centre could be the catalyst for growth in 2021.

He said: “It’s fair to say 2020 is not what any of us were expecting but we’ve continued to invest and grow, despite all of the challenges that we have faced.

“New business opportunities increased during the second half of the year, both in terms of series demand, prototype builds and our ability to offer Design for Manufacture (DfM) capabilities. This is an area that we believe will become even more popular in the future.

“We took the opportunity to strengthen our MagmaSoft modelling capabilities, with online coaching and the investment of £100k in a MagmaStress stress seat and further MagmaSoft technology.

“MagmaStress has provided a new competitiveness advantage and is enabling us to communicate live data to OEMs for stresses and mechanical properties as opposed to traditional fixed data inputs.

“We took the decisions to utilise the downturn to commence the National Manufacturing Competitiveness Levels (NMCL) which is a business-wide development programme to deliver optimum business operating systems. The programme is already achieving positive outcomes.

“Enquiry levels for complex chassis systems have been extremely high and this, in turn, has initiated an advanced research programme via Design of Experiments in conjunction with Brunel University, to enable us to develop high ductility alloys to meet the OEMs’ demand levels with our sandcast prototype processes.

“New product introduction programmes have commenced with global OEMs including US, Chinese and Scandinavian companies. All of these programmes have started with DfM orders and are leading into prototype build demand.

“Capital investments have also continued in metallurgical, metrology and automation programmes. We are very pleased that, in the eye of an international storm, we have continued to invest in technology, in people and in our future.

“Next year will see Sarginsons embark on a further Catapult R&D programme with Brunel University and Sheffield University, which will be focused on aerospace programmes and high integrity aluminium castings.

“It means that we can look forward to 2021 with optimism as we work with partners to deliver new ligh


Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

Related articles

Latest Deal Ticket

view more
Business consultants Magnetic (London)
have been acquired by
Management consultants Newton Europe (Oxford)
May 2024
UNDISCLOSED
Who's behind the deal?

Upcoming events

view more
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
09
Jul

Leadership Roundtable: Opportunities and challenges in the Care Sector

Herrington Carmichael
Farnborough Aerospace Centre, GU14 6XR
More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
23
Jul

Leadership Roundtable: Search Fund Exits & Acquisitions

Shawbrook Bank
9 Appold Street, London EC2A 2AP
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles

Group Companies

Dorset BIZ NewsHampshire BIZ News