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Contract wins sees MTL Advanced create jobs and invest £2m
Rotherham-based contract manufacturing specialist MTL Advanced has invested £2m in new capital equipment and created 40 new jobs to meet the demands of a series of new contract wins for the defence and construction industries.
The new investments have been spread around various manufacturing cells of the business including large format laser cutting, large folding, and CNC machining, to provide a much-needed capacity increase for the company’s growing order book.
The latest machinery arrival has seen MTL commission a brand new large-format fibre laser earlier this month. This was a welcome addition to the company’s already extensive large profiling cell. This new 10Kw fibre laser will provide the company with a significant boost in productivity and allow MTL to offer better laser cutting lead times and improved contour quality to its customers.
MTL Advanced has made a number of investments totalling £2m and created 40 new jobs after securing a series of new contracts / Picture: MTL Advanced
The new fibre laser has come on the back of another major investment in September, which has seen MTL acquire a 640-tonne press brake. Recent investments have not been limited to MTL’s profiling bay as the company has also purchased 2 new machining centres earlier this year to boost its CNC milling capacity, resulting in many additional job vacancies across the business.
Karl Stewart, general manager at MTL Advanced, said: “Investing in the very latest technology continues to strengthen our position as one of the UK’s leading contract manufacturers and we are extremely pleased with our recent purchases as this reinforces our ability to handle large multi-million pound projects.
“We have just secured new long-term orders in excess of £10m this month, with production starting in the new year, and these new additions to our machinery line-up will enable us to meet the demands of these contracts. These are really exciting times for MTL as we approach 2022 with a very strong order book and this has created many exciting new vacancies to join our operations here in Rotherham.”
The new job vacancies are in addition to MTL’s recent apprentice recruitment scheme, which has already seen MTL hire 12 new commercial and technical apprentices in September, as well as four new recruits as part of the nationwide KickStart campaign, a national scheme aimed at getting 16–24-year-olds who were previously at risk of long-term unemployment into work.
Karl Stewart added: “Investing in the next generation of talented engineers is critical to our ongoing success and we now have dedicated trainers in the factory whose sole purpose is to mentor and upskill our homegrown workforce. We are now gearing up our operations ahead of these major future contracts, and our recent investments in training and modern machinery will enable us to proactively plan our forward growth and attract the required new talent into the business.”