A&M MD, Mark Wingfield features in the Annual Manufacturing Report 2019, produced by The Manufacturer.
The section looks at investment to grow small companies into medium sized ones, which is vital for the UK Manufacturing Sector to thrive.
"We are in a strong position financially, thanks to following a policy of consistent reinvestment, of close to £6m over the last 5 years in machinery, factory infrastructure, R&D, apprentices and skills training. As a private company we are able to reinvest profits; we also maximise R&D tax credits and have been successful in securing Regional Growth Fund grants as our investment in new machinery creates new jobs. Through Sandwell Council, a partner of the Black Country Growth Hub (BCGH), A&M EDM secured a grant totalling £375,000, which enabled the business to invest nearly £3m in our new site. Continuously upgrading our equipment, as well as expanding our premises to accommodate additional machinery and staff, has enabled us to stay ahead of the competition, and meet growing demand.”
Mark Wingfield, Managing Director, A&M EDM