North West duo unite to save 80 jobs at Preston firm

Castings manufacturer Coupe Foundry is under new ownership after two local manufacturers combined to save the company and secure 80 jobs.
Castings manufacturer Coupe Foundry is under new ownership after two local manufacturers combined to save the company and secure 80 jobs.

Two Lancashire-based companies have joined forces to save 80 jobs at a 100-year old castings manufacturer in the region.

Coupe Foundry, which operates in Higher Walton, will now be operated by new company Coupe Castings after Manchester CNC subcontractor Eaves Machining and Shakespeare Foundry of Bolton bought the castings manufacturer.

The deal sees both companies take a 50% share of the company, and will not only result in the manufacturing jobs being saved, but may lead to further job growth in the North West.

Ian Griffiths, CEO of Eaves Machining and the new Coupe Castings business added: “Coupe Foundry is a great business with quality people and products. We are conducting a full strategic review of activities and have already won some significant new business.”

It is also hoped the synergy between all three companies will lead to further improvements in innovation, quality and service in Coupe Foundry’s engineering and jobbing type cast iron castings for the automotive, wind, nuclear, power and offshore sectors.

Michael Stanley, MD of Shakespeare Foundry added: “Coupe’s ability to cast components up to 26 tonnes in weight is very unique. Their range starts where Shakespeare’s ends and the businesses are a great fit.”

Leave a Reply

You must be logged in to post a comment.

Related Sector Article

The manufacturing sector is calling on Government to move towards "demand-led education" to help the sector bridge the current skills gap.

MHA Manufacturing Image

Related Sector Article

The Institute for Advanced Manufacturing and Engineering (AME), a £32m joint collaboration between Coventry University and Unipart Manufacturing, has exceeded the number of applications it had expected with interest coming from all over the country for its three-year BEng and four-year MEng courses.

Student (L3)

Related Topic Article

Dutch brewing company, Heineken has turned down an offer for the company from London brewing company, SABMiller.

Heineken's Sol production plant in Mexico

Related Topic Article

Following the Reece Group’s acquisition of Armstrong Works in 2012, the first of its engineering companies has started its move into the iconic Scotswood Road site.

Reece Group

UPCOMING EVENTS

Reports

  • ERP Buyer’s Guide 2014

    Make the wrong decision, and it can blow up in your face. You’ll pay too much. It won’t be the right system for your business or the right system for your industry. Or you’ll outgrow

  • Automation and Robotics 2014

    Welcome to The Manufacturer’s special supplement on automation. If Prime Minister David Cameron is right and the world is in ‘fast forward mode’, then the pressure is on for UK manufacturing to raise its investment

More reports

Advert

Manufacturing Jobs

  • Technical Buyer

    Location Berkshire
    Salary £Competitive and Excellent Benefits
  • Director of Automotive Operations

    Location Birmingham
    Salary £70,000 to £95,000 per Annum + Bonus, car or cash alternative, private health care, excellent pension
  • Supply Chain Consultant

    Location Birmingham
    Salary £62,000 to £80,000 per Annum + Bonus, car or cash alternative, private health care, excellent pension
View all jobs

Advertisements

Advertisement

Tracking