South of England based spring manufacturer, Southern Springs and Pressings Ltd (SSP), has posted a record 52% increase in export sales in their 2017/18 accounts. The increase in exports contributed to the company’s increase in turnover of 35% in 2017/18, with pre-tax profits also up by 80%.
Having secured more press work throughout the last 12 months, the business has continued to re-invest with a new tool design and production office. The new office will allow the team to design components using the latest CAD tool design technology which will also link directly through to the EDM and machining centre.
Every single component is designed and manufactured individually at SSP to suit the requirements of their customers. The new dedicated ‘design space’ will enable the team to produce tailored designs in a modern and spacious area. The new area will also allow Production Manager Mike Hales to focus more on the production process throughout the factory, as well as providing a dedicated hub to source materials that meet customer requirements.
The air conditioning system which has recently been installed throughout the whole factory is now operational within the new office space.
With the continued demand for press work, SSP purchased a further two CNC Power Presses in order to increase capacity and are planning on increasing the work space and machines in this area over the next year. There are also plans to purchase new ovens and de-burring machines
SSP also celebrated 70 successful years of trading having opened their doors for the first time in April 1948. The business has continued to thrive from designing and manufacturing specialist coiling machines for the production of products to its modern factory today which can design and manufacture bespoke springs and components.
Tim Page, Managing Director said “The business has continued to grow in the last 12 months particularly with demand for overseas exports and press work. We were delighted to celebrate 70 years of trading this year, the business has grown significantly since opening their doors in 1948. The last few years have seen some huge investment in the factory environment and purchasing of new machines, We are looking forward to developing the business further in 2018 and beyond”.
