Metal cutting firm bolsters productivity thanks to grant
PUBLISHED: 15:56 20 April 2018 | UPDATED: 15:56 20 April 2018
An engineering firm has invested £120,000 in new machinery to improve its productivity after receiving a growth grant.
Metal cutting and processing firm Pegasus Profiles, which employs 40 people at its Thetford base, bought two profiling machines to replace older models.
The company was supported by a £24,000 grant from the New Anglia Small Grant Scheme.
Nigel Clark, managing director, said: “Having older and unreliable machines was seriously affecting our quality of service to customers. The New Anglia Small Grant Scheme has helped us take a big step forward in being able to replace two machines at virtually the same time. The new machines will not only improve reliability but will give us more heavy duty cutting capacity as well as improved productivity.”
Pegasus Profiles now has 10 profiling machines which can carry out flame, plasma, laser and water jet cutting.