SMT Developments joins MAN
A Warwick-based printed circuit board assembly specialist has become the latest company to join MAN, a collaboration of Midlands-based manufacturers. SMT Developments is the ninth company to join the organisation.
SMT Developments employs 28 people at its Hurlbutt Road facility.
Bill Henderson, business development manager at SMT Developments, said: “The last couple of years have been tough for our industry with the global recession reducing volumes and then a shortage of electronic components causing problems with supply.
“2011 has started much stronger and we’re predicting £3m turnover by December and this new appetite for growth was one of the reasons behind our decision to join MAN.”
Originally established as part of an Advantage West Midlands-backed automotive scheme, MAN has grown into a self-sustainable group with a combined turnover of £70m and more than 600 employees.
The five original members – Alucast, Barkley Plastics, Brandauer, FW Cables and Westley Engineering - have been joined by Advanced Chemical Etching, PP Electrical Systems, Wrekin Circuits and now SMT Developments.
By combining expertise and capabilities, the coalition has secured more than £10m of contracts, including two new orders in the last six weeks.
