A panel manufacturer has spent £180,000 on a new CNC punch machine to expand its metal fabrication services, partly thanks to a Regional Growth Fund grant.
Panel Systems’ new equipment will allow it to create more complex metal shapes from steel and aluminium for architectural panels and sheet metal work for curtain walling.
It is the second major investment in recent weeks, it recently bought a 5-axis CNC machine.
Chris Ibbotson, managing director, said: “The construction industry is a major market for Panel Systems and we are increasingly asked to fabricate larger and more complex architectural panels.
“There is also the opportunity to add ancillary items such as brackets to our product range. We expect our investment in the latest CNC punch equipment will help us to further develop our business in this area at this exciting time for our company.”
The company, which celebrated its 40th anniversary last year, is based at Waleswood Industrial Estate and has created 10 jobs in the last three months.