Participation in SiG will deliver increased training and business support for sustainable growth.
LPW is currently investing in a £20 million new manufacturing facility in Widnes to grow its metal powder products and services for additive manufacturing. This SiG support will enable LPW to continue to expand its workforce and adopt new manufacturing technologies to service the safety-critical aerospace industry worldwide, underpinned with well-structured commercial and operations processes.
An initial 12-week business scrutiny established LPW as an ideal manufacturing company to benefit from the £1.1 million government-funded programme.
Explains LPW founder and chief Dr Phil Carroll (pictured): “The SiG programme will allow us to advance our existing processes and deliver intensive training of an additional 120 staff to the levels demanded by the market sectors we serve, particularly aerospace.
“The last 10 years have seen additive manufacturing growing from a technology producing mainly prototype modelling, to an industry on the cusp of full scale production of critical and intricate components. The SiG programme will support us to take advantage of the forecast $2 billion growth in the global metal 3D printing market by the year 2020.”
LPW will also focus on leadership and management training, operational excellence, the competitiveness of its supply chain, and meeting the aerospace sector’s stringent quality standards.
Adds SiG chief Andy Page: “We are delighted to be working with LPW, a highly innovative and a rapidly growing company. We will assist them to exploit their technological advances to help them to compete globally and develop their team and new manufacturing centre to ensure sustainable growth.”
Companies interested in joining the SiG programme can complete an expression of interest form at www.sig-uk.org/apply.
LPW Technology joins SiG
LPW Technology has been selected for Sharing in Growth (SiG), the government-backed supply chain competitiveness programme, to help propel its growth trajectory.