Diary and Events
NEC Birmingham(B40 1NT)
25/09/2019 - 26/09/2019
Sensors & Instrumentation Live will celebrate its 10 year anniversary in 2019 and the UK’s (more)
NEC, Birmingham(B40 1NT)
01/10/2019 - 03/10/2019
The UK’s largest ever event in the processing and packaging sector calendar. With over 350 exhibitors (more)
Applied Automation acquires local precision toolmaking company
Plymouth-based automation and control system specialist, Applied Automation, has announced the purchase of local precision toolmaking firm, PTG Precision Engineers. This latest move pushes the workforce above 200 and is a further demonstration of the company’s ambition and ongoing success to date. The acquisition is strategically important to the company.
David Rowe, managing director of Applied Automation said: “This gives us greater capability in precision engineering that can support our growth. It enables us to have more control in the design to delivery journey. As we’ve grown our toolmaking demands have increased. We have been finding it more and more challenging to achieve competitive costs and favourable lead times from our existing supply base of manufactured parts.”
PTG Precision Engineers, which is now a wholly owned subsidiary of Applied Automation, will continue to trade as a standalone company, though will effectively become a division of Applied Automation.
Other News from Applied Automation
Latest news about Machine Building