The firm, which develops and manufactures all components at its 25,000 square foot facility in Telford and sister business ACE Forming in Kingswinford, has seen a strong interest from companies looking for busbars and components for battery management systems.
Bosses believe these two sectors alone have the potential to generate up to £1.8 million between now and 2019, and the firm has already funded new capital equipment to increase capacity and boosted its technical team by 30%.
Chris Ball, director of ACE, said: “We are just shy of [a] £5 million turnover now, but feel it is just a matter of time before we reach that in 2017, with the pipeline for orders growing and renewed interest in next generation products for automotive and aerospace.”
Ian Whateley, managing director of ACE, added: “Thermal management is one of industry’s most popular topics as we look to extend battery life and get more performance out of smaller components.
“This lends itself perfectly to what we do in Telford. Etching is often a new process for these customers, but once we have sat down with them, given them a glimpse of what it can do, nine times out of 10 they choose this method of manufacture.”
UK manufacturer sets sights on £1.8 million opportunity
1 min read
Shropshire manufacturer, Advanced Chemical Etching (ACE) has set its sights on generating up to £1.8 million of sales after seeing demand for its “etching” service grow by 20% over the last four months.
