Formaplex Expands Production and Creates 40 New Jobs
Specialist engineering and manufacturing company Formaplex have announced that it has increased production space by a further 30% with the opening of a new 15,000 ft2 factory.
Formaplex has now been relocated into this new factory from Havant. In addition further investment of £750,000 has been made in the pattern manufacturing business, with the purchase of two new large CMS Aries 4826 5-axis-machines.
Additional staff have also been hired both in the office and in manufacturing, and also in the design team to boost its capacity in pattern and tooling design. The new facility also boasts a separate inspection room and the whole facility benefits from high capacity dust extraction.
In a busy twelve months the company has doubled its manufacturing floor space to 85,000 sq. ft., invested an additional £1,750,000 in three other five axis machining centres and two large injection moulding machines of 650t and 1,500t clamp force and has created 40 new jobs.
In addition to expansion within the pattern manufacturing business, the space vacated following the move is being used to expand the company’s tool making and metallic machining facilities. On the machining side it has invested in 2 DMG monoblock 5 axis machines to complement their current machines and aid the expansion of the aero work that is currently undertaken for the motorsport and wind tunnel industry. These two machines are due on site in the next few days.
Formaplex was founded on the requirement for rapid manufacture of composite tooling and pattern work to support Formula 1 and other motorsport series. The company now has a much wider service offering with composite tooling solutions, injection-mould tooling, and more recently the manufacture of plastic components and large component machining for military vehicles including the MOD’s Foxhound.