CORBY: EMBARGO 1st January 2020
Technifast Limited is celebrating its 30th anniversary as a leading manufacturer and supplier of precision engineered components and industrial fasteners. The family-owned and operated company was founded in 1990 by John Speed and has its headquarters in Corby, Northants.
John, who remains a director of the company, built an established reputation of supplying technical fasteners to meet the specific requirements of their customers. “In the early years we had the cash-flow problems that are almost inevitable with a new business. However, we achieved steady sales growth despite the increase of off-shoring to cheaper countries that hit British industry in the 1990s. All along our principle has been to provide a level of service, quality and value that will encourage customers to come back to us the next time they have a need for our products,” commented John.
Since John’s retirement in 2011, Technifast is now operated by his son, Managing Director, Louis Speed.
Over the past three decades, Technifast has seen considerable growth in its capabilities, with relocation to bigger premises in 2005 to accommodate the company’s natural progression from a fastener supplier into a respected manufacturer of precision engineered components and CNC turned parts.
Now, the company has an established manufacturing division and pro-actively works with customers to manufacture bespoke fasteners for applications across a diverse range of industries such as automotive and aviation. While the company’s scope and operations have expanded, Technifast’s ethos of quality and service has remained constant.
“Thirty years is a remarkable milestone for any company. We’ve achieved our success through the productiveness and dedication of our team, coupled with continued investment in our machining capabilities to provide the highest quality products and service,” commented Louis Speed. “Throughout 2020, we’ll be celebrating our success by reflecting on where we started, what we’ve achieved and looking forward to our next three decades of precision component manufacturing.”