Enterprise: Company forges ahead with heavy investment; Beat that: New hammer adds strength to arm of TGA Morgan Platts.
The pounds 500,000 hydraulic double-acting die forging hammer, produces precision forged parts in an energy efficient, environmentally friendly way.
It was purchased from Lasco - the pioneer in the field of hydraulic forging hammers - which is based in Coburg, Germany and has 135 years' experience in mechanical engineering.
The new arrival keeps TGA Morgan Platts on course to become the most advanced forge in Europe.
It is part of a pounds 7.5 million revamp of products and services which, the company says, will give it a competitive edge in the automotive components sector as well as increase its presence in the construction, hand tools and general engineering markets.
Lucrative aluminium forging contracts are also being lined up as the company seeks to take a major share of the booming aluminium market - forecast for grow pounds 20 million year-on-yea over the next five years.
'This hammer is an exciting addition which will considerably enhance our profile for quality production and meet the competitive forging demands for the 21st century,' says Mark Adams, TGA Morgan Platts managing director.
'Not only will the hammer increase productivity and yield, it has the added bonus of helping to reduce waste thanks to its accurate forging capabilities.'
Brian Fuller, TGA Industrial Group managing director, said: 'It is a very highly regarded hammer and we are delighted to be able to offer such world renowned forging technology to our clients and increase our European reputation and contracts in the process.'
Mark Adams, TGA Morgan Platts managing director, with the new hydraulic double acting die forging hammer
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|Publication:||The Birmingham Post (England)|
|Date:||Nov 15, 2000|
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