PECM Issue 43 2020 | Page 153

NEWS & EVENTS Fabricator completes £1.3 million investment SevenHills Fabrication, one of the Steetley Corner Group of companies, has completed an investment programme worth more than £1.3 million. “Our plan is to continue expanding our operations following a decade of growth and having the technology, equipment and skills to run a manufacturing operation which continually adapts and improves is the future for this company. This approach should be the standard for British manufacturers.” The Sheffield company, which has demonstrated 31 per cent year-on-year growth with a turnover of 3.5 million GBP, has completed its investment drive with the installation of a £200,000 press brake and a £150,000 robot welder. The latest investments have been supported by the Sheffield City Region Business Investment Fund and enable SevenHills Fabrication, a specialist fabrication and laser cutting business based at the city’s Holbrook Industrial Estate, to continue its transition into Industry 4.0 operations. Managing director of SevenHills, James Harding-Terry, said: “The company’s transition to industry 4.0 is essential for future-proofing the business. “Over the past three years, SevenHills has installed a £550,000 Bystronic fibre laser cutting machine, a £60,000 electric tube- bending machine and a £250,000 computer system for full mapping of production, accounting, purchasing and distribution. “The new machines complete a substantial investment programme for us that really sets this company apart from traditional fabrication businesses as we take on increasingly complex and challenging projects across a range of sectors.” SevenHillls, which can trace its history back to 1926, has completed other investments, including £50,000 on improved extraction facilities, LED lighting throughout its operations and measures to improve the company’s energy consumption, waste material ratios, local environment and staff working conditions. James added: “Operating in conjunction with new machines such as the tube bender, press brake and our robot welder, the computer system will help to up-skill our workforce so that they are able to adapt to Industry 4.0 methods. SevenHills’ growth contributes to Steetley Corner Group’s £8.9 million turnover, growing at 23 per cent. James Harding-Terry added: “Aside from the challenges and opportunities presented to industry through Brexit, the UK has to achieve manufacturing stability, growth and global excellence so that domestic businesses like ours may succeed. We must compete at the highest level, adopting the best resources available.” SevenHills Fabrication supplies high technology solutions to aerospace, defence, hygiene, medical, oil and gas and agricultural sectors and its output covers bespoke single items through to large batch production. Steetley Corner Group incorporates IT consultancy company, Acuma Technology, towbar specialist PCT Automotive and SevenHills Fabrication, based at Sheffield’s Holbrook Industrial Estate. www.sevenhillsfabrication.com Specialist funding support to businesses Is your company one of the 97% of businesses that incorrectly assume they can’t apply for funding to support their innovative work? MCS Corporate Strategies Ltd provide specialist funding support to businesses, with a core focus on cost recovery. As an independent consultancy, we help businesses and institutions to access the government grants and incentives they’re entitled to. This includes Research & Development, RDEC and Patent Box. Research & Development Tax Credits form a key part of Government strategy to boost innovation in business. This tax relief scheme reduces the real cost of investment in improving products and processes and remains one of the largest single Government funding mechanisms available for business. We make the whole identification and application process quick and simple. 1. We identify your eligibility and take the difficulty and stress out of making a R&D claim. 2. We work with you to gather the details and then prepare all submission documents. 3. We liaise with your accountants and HMRC to submit and process your claim. 4. We handle the entire claim process, from initial assessment to completion. The Single key criterion for qualification is that you be registered as a UK corporate entity. Claims are retrospective (two years) and intended to be claimed year-on-year. SME’s and large Companies qualify. Manufacturing, engineering and all disciplines, activities, parts, products, prototypes; IT software and first-of-class items are examples of what is included as items for research and development. The CIRD definition of R&D is wide and inclusive of very broad activities. We work on a success fee basis only so there’s no initial cost – you’ve nothing to lose. Telephone: 01926 512475 e-mail: [email protected] www.www.mcs-corporate.com Issue 43 PECM 153