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A pounds 2m investment creates 40 KMF jobs.

About 40 jobs will be created at one of the UK's most advanced precision sheet metal manufacturers as part of a pounds 2 million capital expenditure and expansion programme at its factory in Staffordshire.

The investment by KMF (Precision Sheet Metal), based at the High Carr Business Park, Newcastle-under-Lyme, was financed with the support of regional development agency Advantage West Midlands. KMF's cutting-edge manufacturing technology supplies custom-made metal products to customers in the electronics, telecommunications, IT and leisure industries.

The pounds 2 million investment will see a 1,400 square metre expansion to the factory and installation of new plant and machinery to enable the company to diversify into higher value-added products including the assembly of sophisticated electronic equipment.

The investment was completed with the support of apounds 249,000 Selective Finance for Investment in England (SFIE) grant from AWM.

KMF was established in 1971 and is still privately owned with a turnover of pounds 15 million employing 250 people operating 24 hours, seven days a week.

Its range of manufacturing operations includes conventional machinery for low to medium volume and automation for high volume. Key processes include CNC punching, laser profiling, bending, welding and painting. They also have a design capability and electro mechanical assembly for total solution.

Mike Higgins, managing director of KMF, said: 'Our customers demand the highest level in quality and customer service, our investment gives us the increase in capacity and improved efficiency to enable our success.'

Marie Greer, director for Staffordshire at Advantage West Midlands, said: 'A key role of the agency is to support innovative companies which are looking to modernise their production facilities, safeguard jobs and create prosperity in the local economy.

'KMF has a committed and enthusiastic approach to business and developing a skilled workforce. It has a strong track record of success and the agency is delighted to support a world-class company at the heart of North Staffordshire.' In the financial year 2004/05, AWM made SFIE offers worth pounds 13.3 million to 68 firms in the region.

The offers will create nearly 900 jobs and safeguard a further 1,300.

In Staffordshire, pounds 2.7 million of grant offers were made to 23 firms

CAPTION(S):

Terry Kimberlin (left), sales director at KMF, and Marie Greer, director for Staffordshire at Advantage West Midlands
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Title Annotation:Business
Publication:The Birmingham Post (England)
Date:Jul 21, 2005
Words:385
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