Poole-based company becomes first in the UK to buy a machine that prints with metal
19 Jul 2018
Cable First invested around £1m in revolutionary machine to produce precision tooling for moulding and engineering
A Poole-based manufacturing company has become the first in the UK to buy a machine that prints with metal – with support from the Dorset Growth Hub.
Cable First invested around £1m in the revolutionary Japanese-made Sodick OPM250L, which it uses to produce precision tooling for moulding and engineering requirements.
The Dorset Growth Hub is actively seeking to support other businesses in the county that are considering plans for growth.
Its support enabled Cable First to purchase the machine which has in turn led to the creation of nine jobs at its site on the Nuffield Industrial Estate.
Allen Lodge, managing director of Cable First, which has around 40 staff and a £7m turnover, said the machine had transformed the company.
Prior to starting the project Allen contacted the Dorset Growth Hub which exists to support businesses in a variety of practical ways.
Allen said: “The advice and help we received from Dorset Growth Hub enabled us to acquire the machine much more rapidly.
“Their guidance means the machine is now up and running, leading to a stampede from businesses who want to come and look at it.
“I would recommend the Dorset Growth Hub to any business which is thinking of expanding and could do with expert advice and practical assistance.”
Dawn Leader from The Dorset Growth Hub said: “We were able to assist Allen in a variety of ways to enable him to purchase this machine - and the results have been spectacular.
“More jobs, increased exporting, a boost to productivity and an anticipated growth in turnover and profit have resulted from this investment.”
The Dorset Growth Hub is delivered by WSX Enterprise and has been supported by the European Regional Development Fund.
It exists to support businesses that want to grow, increase employment, improve the competitiveness of businesses in Dorset and encourage inward investment into the area.