UK Private Equity fund, Elaghmore has announced the acquisition of Formaplex, a leading integrated manufacturer and supplier of lightweight component solutions.
Lightweight engineering specialist, Formaplex has strengthened its Design Engineering Services (DES) division with the creation of a ‘Tooling Centre of Excellence’ as the company continues its programme of investment and growth.
Mike Richardson meets with Formaplex’s sales director Matt Sellens to hear more about the current progress of the company’s Composite Research & Development Centre and the eye-catching supercar components it produces.
A team of undergraduate students enlisted the support of Formula 1 engineering experts and one of the world's largest tyre companies to design and build a four-seat solar powered electric car which can travel from London to the Scottish Highlands at a speed of 50mph on the same power it takes to boil a kettle.
Formaplex has taken on six new apprentices. Established in 2001, Formaplex is one of the leaders in the advanced engineering supply chain, providing tooling, design and manufacturing support to some of the world’s leading companies.
Formaplex has commissioned Junair for the design and installation of its new semi-automated paint finishing facility. The new 120,000ft2 factory is built on a 7.25-acre site on the South Coast and increases the production space by 80% in order to support the future growth of the business.
Steady growth and rising customer demand has led to Hampshire-based Formaplex requiring quicker and more advanced manufacturing processes to meet time critical deadlines, maintain quality and improve efficiency.
Formaplex has announced the expansion of its new manufacturing facilities. Now fully operational, the additional 120,000ft2 purpose-built factory is set on a 7.25acre site on the South Coast in close proximity to the three manufacturing facilities it currently operates from.