Multi-Stroke, a manufacturer of metal components, secured support from the Business Growth Service and funding from Reshore UK to help make it happen.
The funding has allowed the firm to develop new tooling that allows the product to be manufactured and delivered more efficiently than from the previous supplier in China.
Ian Wright, managing director, said: “The ‘Twistlock’ is used to secure containers on to the bed of a trailer and is used in road freight transport across the world.
“It was always manufactured in the UK until rising steel prices in the early 2000s saw the final part price increase by nearly 50%…this forced our hand and we needed to look at the emerging markets to achieve the cost downs expected by our client base.”
Multi-Stroke has been working with fellow Midlands manufacturer Thomas Dudley to make the move happen, a partnership which was brokered via the Business Growth Service.
Established in 1968, Multi-Stroke employs 55 people at its home in Tipton and lists a customer base spanning automotive, aerospace, construction, transportation and increasingly the nuclear sector.
Source Article from http://www.bqlive.co.uk/2015/09/17/reshoring-drive-brings-twistlock-manufacturing-back-to-the-midlands/
