One of the West Midlands' fastest growing manufacturing outsourcing specialists is on track to achieve record sales this year and is now exploring the possibility of future acquisitions and expansion into North America.
PP Control & Automation has added £3m of turnover over the past 12 months – taking its annual sales to £26m – just 12 months on from attracting investment from Canadian-based investor, Ardenton Capital.
The business provides added value design, engineering and complex assembly to aerospace, food processing, machine tools, packaging, printing and advanced technologies industries, and currently works with more than 25 of the world’s largest machinery builders.
PP Control management team (l-r) sales director Garry Myatt, head of finance Stewart Robertson, CEO Tony Hague, Sean Cayley and Ian Knight
“Over 10% growth has been achieved and we are delighted with how we have been able to win contracts in new markets, with automotive electrification a major breakthrough for us,” said Tony Hague, CEO of PP Control & Automation.
“Ardenton Capital’s involvement has been key to this expansion. It has only been a year, but the financial support and advice has given us the additional impetus to attack new opportunities and make two key senior appointments in finance and sales.”
Hague added that the company was about to implement a five-year “growth plan” to achieve £40m in sales. Among its many business concerns, PP Control’s strategic outsourcing partnerships provide machine builders with better production flexibility, reduced lead times and greater control over their supply chain and costs, it said.
“Increasingly we are getting involved in the early stage development of new technology with our ‘design for manufacturing’ expertise helping to speed up product to market and increasing machine customisation,” said Hague.
He added that PP Control had invested heavily in its “people and new technologies to deliver 99.2% delivered quality”.
“That’s outstanding when you consider we manage a supply chain that contains 13,000 part numbers and 500 different suppliers,” he added.
PP Control & Automation is a founding member of the Manufacturing Assembly Network (MAN Group), a collective of eight manufacturers and a specialist engineering design agency that collectively employs more than 1,600 people.
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By Rory Butler, Staff Journalist