£1.5M INVESTMENT FOR TAMWORTH ENGINEERING BUSINESS

Precision Technologies International (PTI), the Tamworth-based high performance engineering specialist is gearing up for its next phase of growth with a £1.5M (million) investment in new equipment.  

It’s part of PTI’s parent company’s (Precision Engineering Solutions) ambition to become a £15m turnover group by 2025. 

The latest investment in new equipment will help boost its production capacity by an estimated 15-20% at its base in Tamworth, Staffordshire. It produces specialist engineered components and bespoke engineering solutions for some of the world’s leading names across a range of sectors including F1 and motorsport, aerospace, oil and gas, marine and defence. 

A new range of plant and equipment has now been installed and commissioned. The new state-of-the art additions include a 5 axis milling machine, a second Hofler CNC gear grinding machine and two CNC turning centres.  A CNC cylindrical grinding machine is also planned.   

Investing in the latest equipment, processes and skilled employees has been at the heart of the company’s strategy since it was first established nearly 60 years ago. It now has one of the largest tool rooms in the UK and exports to the USA, Canada, Europe and Asia. 

James Nicklin, Precision Engineering Solutions Group Managing Director said:  

Everything we do is about skill and precision every time. We’re proud of our world-wide reputation but we know we cannot stand still because our customers rely on our expertise and high quality components to help keep them ahead of the game.  

We have an ongoing programme of investment to help us deliver high tech and high spec components that help make our customers’ designs operate at peak perfection – whether it’s for the latest racing cars, electric vehicles, defence components and even world class competitive racing yachts

Investing in skilled people as well as plant and systems is also a priority for the business which currently employs nearly 90 people at Tamworth. A parallel employee investment programme is also taking place at Langstone Engineering, the Portsmouth-based mould tool, precision engineering and design specialist which became part of the group in 2021. 

 “We’re really going places and of course we can’t do it without our dedicated team. Their professional development is a key priority which is why we have a training and development programme in place for existing employees and apprentices. We’re set for an exciting few years ahead and we’re looking for even more great people to join us,” he added. 

PTI also has an impressive range of industry accreditations including ISO 9001, AS9100 rev D registration. It has UKAS registration so it can provide robust certification for all products.