Quarter million investment to increase food process market presence
3 Jul 2019
Outsourcing specialist PP Control & Automation has invested in a quarter of a million pounds’ worth of pioneering technology to enable it to further expand within the food processing and dairy sector.
The black country based company has £250,000 into a new Artos CRX33-GVM modified for its production requirements by Cablespeed UK
The technology’s software customisations will allow faster operation with greater reliability, integration of Markem-Imaje Inkjet printers and the very latest in Z&F UNIC-GV Ferrule crimping.
It comes at a perfect time for the business after it recorded a £4 million sales surge in 2018 and with exciting plans in place to build on recent contracts in food processing, mobile phone technology, printing and the dairy sector.
Chief information officer Ian Knight explained: “In layman’s terms, we can now process cables at over 5 metres per second, which means we are 20% faster whilst still maintaining the same accuracy.
“A lot of our strategic partners, including Fullwood Packo and ABG International, are ramping up volumes as we prove we can offer them additional capacity and cost-effective outsourcing services, so this technology is going to be crucial.”
PP Control & Automation signed a deal with Ardenton Capital Corporation last year, which saw the Canadian-owned private equity fund take a majority stake in the organisation.
The company plans that the new funding will enable an increase in sales from £24 million to £40 million by 2023.
CEO Tony Hague commented: “This £250,000 investment is our latest commitment to automation and underlines the importance it plays in making our manufacturing processes as productive as possible.
“We are seeking strong growth both in the UK and further afield and the only way we can do this is to embrace the latest technology and ensure we employ and develop the best talent in our industry.”