September 13th, 2016
The Protool Plastics Group consists of two UK based injection moulding facilities, one in Fareham, Hampshire and the other in Middleton, Greater Manchester.
The Fareham facility has been supplying technical mouldings for over 27 years with a core customer base of blue chip companies.
Michael Hadfield, Sales Director, saw these customers as key to growth when joining the business in 2009. However he also saw the need to push ahead into technically demanding high growth sectors, ideally with intellectual property owned by the Protool Plastics Group.
This triggered an R&D programme to meet the demanding needs of the LED Lighting industry with particular focus on reflection and heat management solutions. This resulted in our range of Pro-Reflect/Cool mouldings which are now used on products by the world’s leading lighting brands.
Projects such as this have helped the Protool Plastics Group average 20% annual growth since 2009.
Intense studies of the UK plastics market also showed a genuine desire for re-shoring of overseas spend. To build on initial success a second factory in Manchester was set up in 2013, gaining ISO accreditation early 2014.
Michael Hadfield is keen to point out that the aim was to compete with Eastern Europe and as such the overhead structure is kept very lean. This approach has paid dividends with the recent award of a long-term order to export breathing apparatus mouldings into the Czech Republic. From this site we aim to deliver 15% cost savings on all transfer business.
Studies also showed that overseas buyers view the UK as a producer of high quality moulded products and are prepared to place orders. In 2014 nearly 25% of all moulded parts produced in Fareham were exported to the USA, France, Eire, Holland, Czech Republic, Poland and China. Yes, 168,000 medical mouldings are exported to China every month!
The Directors believe the company has the foundations for a great future with 2015 growth expected to be over 30%.
To paraphrase the Chancellor George Osborne The Protool Plastics Group “is open for business!”