United Kingdom injection molder and mold maker Denroy Plastics Ltd. has launched a £3 million ($3.7 million) expansion after winning more business from a U.S.-based aerospace company.
In a Feb. 3 statement, the Bangor, Northern Ireland-based company said over £1 million ($1.25 million) of the investment will be made in its IT systems and new manufacturing equipment, including two Engel injection molding machines, as well as a Citizen turning center machine.
The phased investment will see expansion of the production capacity at Denroy's factory premises following a recent “multi-million pound” deal with Triumph Group Inc. of Berwyn, Pa., and its Triumph Aerostructure business based in Grand Prairie, Texas.
“We want to remain at the forefront of polymer processing and this investment will enable us to develop our R&D capability and test laboratory to support our development activities,” said John Rainey, Denroy's managing director.
The company has invested in Infor CloudSuite Industrial (SyteLine), an application that helps enhance planning, service and quality control. The app will also offer an integrated platform for quality control and compliance for the aerospace and other sectors requiring complex controls.
Denroy Plastics employs 119 people at its Bangor plant and is part of the Denroy Group Ltd., also of Bangor.