Leading Scottish manufacturing firm Angus 3D Solutions has spun out its traditional machining and manufacturing service as a separate company to meet demand and allow each to focus on their core markets.
New firm Angus Machining Solutions Ltd is already working in Scotland and beyond with companies of all sizes – from start-ups and SMEs to large organisations – to outsource their machining / manufacturing process on an ad-hoc or project-managed basis.
That allows clients to free-up internal resources, reduce costs in most cases, bring decades of experience and knowledge to the project and help identify and integrate appropriate suppliers into their Approved Vendor List.
The move comes as a result of global manufacturing veteran Andy Simpson spotting that an increasing number of start-ups and SMEs don’t have the resources or the experience to manage the machining / manufacturing process internally, while larger firms benefit through not having to devote resources on short-term projects or demand.
Already the new company has brought five new clients to the Brechin-based operation from the oil and gas, renewable industries and lifestyle sectors. It’s also working with firms in the industrial equipment, automation, construction, scientific and general manufacturing sectors.
Projects to date include having more than £400,000 of key high-value components machined in Scotland for a Canadian oil and gas supply company.
The new Angus firm is targeting revenue of £500,000 this year and plans to take on one employee later in the year.
The creation of Angus Machining Solutions Ltd will allow it and Angus 3D Solutions Ltd to focus on their core sectors. They will both sit inside a new group entity – The Angus Solutions Group Ltd.
Speaking about the strategy pivot, Managing Director Andy Simpson said: “We’re excited to launch this new company to enable us to better meet the demand for the outsourced machining and manufacturing services we’ve offered through Angus 3D Solutions and which are already proving to be in high demand across a range of industries and company sizes.
“This will also allow each of our companies to focus on their core services and markets and grow at rates appropriate to each of them. I’m looking forward to seeing how they grow this year and create and support more Scottish manufacturing jobs.”
The new company follows hard on the heels of its successful older sibling, Angus 3D Solutions Ltd which was created in January 2017. In October 2018, it was given a £175,000 grant by Zero Waste Scotland to enable up to £1 billion of economic opportunities for North-East Scotland by boosting the circular economy through the use of the cutting-edge technology in the Markforged Metal-X, then the most advanced metal 3D printer.
In May last year, Angus 3D Solutions Ltd was named a Finalist in three categories of Scottish Business Insider’s Made in Scotland Awards – Engineering Company of the Year, Manufacturer of the Year and Innovator of the Year.
Most recently, in January it received a £39,000 Regional Selective Assistance (RSA) grant from Scottish Enterprise to help realise its new three-year growth plan.