Plastics success for once-jobless Bird
Leicestershire-based DB-Automation has reported £1.1m in annual turnover just two years after its boss was made unemployed from another company.
David Bird lost his job at G-Mat Moulding Automation in Shilton, Coventry, in July 2009. But he soon devised a plan to return to head up his own plastics business based in Broughton Astley.
Based in Swannington Road, the company designs and supplies machines and spares as well as providing an installation service in America, Asia, the Middle East, Europe and the UK.
Yorkshire Bank's Financial Solutions Centre (FSC) in Coventry has supplied funds for the business.
Bird, DB-Automation's managing director, said: "I decided to call some of GMAT'S old clients and the reaction was positive which gave me the confidence to set up my own company.
"The company is self-funding as we sold my wife's car and put our savings into the company to fund the new business. Money was tight and lifestyle changes had to be made but our first full year of trading has proved that all our efforts have paid off.
"We use 3D CAD software to design and build equipment for the plastic moulding industry for a wide range of products, such as switches for cars, packaging for salad boxes, drain covers and child resistant drugs packs in America so that you have to press a button to release the tablets."