New Machinery Investment Provides Further Expansion Boost for Fast Growing Fabrication Business
Additional capacity of waterjet cutting machine to help meet new business growth
Barely a month into 2019, high-end precision fabrication specialist LTi Metaltech, is already building on its growth success of 2018, with the addition of a new state-of-the-art Ridder waterjet cutting machine, which has just been installed at its Abingdon factory. Complementing its existing capabilities, the new waterjet machine provides crucial extra capacity to serve newer growth areas of LTi’s business, in addition to its ongoing cryogenic work for long-time client, Siemens for its MRI machines.
With its twin head cutting capability, a larger cutting area of 8m x 4m and most crucially a high-pressure water pump with an increased capacity of 75kW that boosts cutting speeds, the new waterjet cutting machine will allow LTi to significantly ramp up its production going forward. Having for many years achieved great success in the healthcare market, LTi has been securing a fast-growing number of contracts in new high growth sectors including energy, science and nuclear; making this latest investment vital in enabling the company to increase and consolidate its presence in these markets. In addition, the company is also currently the only UK manufacturer of its type, with a machine of this size able to cut components, which will further strengthen its value proposition to customers going forward.
2018 was a successful year for LTi, but 2019 looks to be even more exciting, which is something LTi Metaltech’s Technical Director, Edgar Rayner is relishing:
“The next 12 months will be crucial for us, but it’s another year we are really looking forward to following the great success we had during 2018 in the energy, science and nuclear markets. The rigorous requirements of these sectors already play to our strengths in areas such as audit compliance and quality assurance. And with this latest investment on board, we will be in an even better position to seize on new market opportunities and grow.”