Investment paying off as orders boom for Yeoman Pressings
A Coseley pressings sub-contracting firm’s brave commitment to step up investment in new equipment ahead of the end of the recession has paid off.
Yeoman Pressings on the Cannon Business Park in Gough Road has invested £750,000 since February 2012 on machines.
Things are now going from strength to strength
Speaking at the Made in the Midlands exhibition, staged at Wolverhampton Racecourse, commercial and technical director Graham Yeomans said: “We started investing when everything was still going downhill. It has paid off because we are now able to cope with the growth in demand.
“If we had not made the investment we could not be able to handle it.”
March this year was the biggest month for production in the entire history of the company.
“We are generating new orders and also winning more work from our existing customer base,” explained Mr Yeomans.
He said the upsurge in work that the firm had experienced was more than 60 per cent above last year’s level.
“We are now at full capacity and our order book is full,” he added.
Yeoman was originally started in 1963 and after it went into administration in 2009 was the subject of a management buyout in January 2010.
“Things are now going from strength to strength. We are winning work across a range of industries, although we don’t do automotive work,” said Mr Yeomans.
The new equipment added to the sub-contracting company’s works included a new punch press in August last year.