In recent months further significant capital investment with the delivery of off both new injection and compression presses.
A new 1000t Compression Press with a 3.5m platen length was delivered late in 2008. The press was specifically made to meet the product designed by the customer whilst also harnessing efficiency savings through re-tooling of some existing products.
The Company’s desire to automate where financially viable has led to further investment in two new 400t Injection Presses. The investment was made after an extensive testing program and is now reaching the project objectives for quality, efficiency and utilization.
Steve Casey, VIP’s Sales Director, commented that “VIP is committed to meeting the specific needs of our customers and will continue to invest in new plant and machinery to satisfy those needs. To this end, and in collaboration with a number of our customers, we are developing and growing the business which has resulted in further investment in more machines. These are due to be commissioned in Q4/2009, which is very pleasing and ‘bucking’ the current state of the world economy”.
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