PMS go for growth..
Monday, October 13, 2014
A Rotherham company (PMS Diecasting Ltd. ) that formed as a result of a Knowledge Transfer Partnership (KTP) with Sheffield Hallam University is maximising the opportunities to develop precision tooling expertise in the region.
PMS Diecasting has been producing high quality zinc diecastings for more than three decades and is one of Europe’s leading diecasters. It produces more than 36 million castings annually for the global manufacturer, Gripple.
The Hellaby firm were keen to explore how they could improve their own capability in tool-making and took advantage of the government-backed KTP scheme at the university that enables companies to employ a graduate to help them tackle a business challenge.
The initial focus of the KTP was to investigate the possibility for bringing tool-making in-house, in the hope that it could reduce lead times and costs by around 20%, but a change in strategy meant that KTP associate Luke Scott (pictured, below) was presented with a different challenge.
Gordon Panter, managing director of PMS Diecasting, explained: “Because of changes in the industry, the economics of in-house tooling became less attractive as external tooling suppliers became more competitive. We therefore asked Luke to concentrate his efforts on improvements to our automated production process and procuring new casting machines, as well as developing a product data management system to help us deal effectively with sudden increases in turnover and a variety of changes to the product mix.”
Read the rest on ‘Rotherham Business News’..Tweet