A multi-slide press, automated box packing equipment and cameras technology will bolster production capacity according to the Midlands firm.
Carl Siviter, STL spokesman, said, "The business has made steady investments in its history, to ensure that we remain globally competitive and we continue on this proven path. The majority of STL's current turnover is non-automotive based, but this year see's the start of an internal project to achieve TS16949 [ISO technical specification aimed at the development of a quality management system], both to penetrate automotive markets and to generate cost down efficiencies in the business."
Achieving the TS quality management standard will deliver the efficiency gains needed to crack the automotive sector, Siviter added.
"The new approach towards TS for us, will help focus on driving efficiency improvement throughout the business and hopefully open up automotive for us. If you get things right at the input side you don't have to correct them later."
STL was founded in 1899 and supplies products including smart metre assemblies, circuit breaker components and electrical contact rivets.