Potters Bar manufacturer showcases latest £1.5million investment
PUBLISHED: 12:02 22 October 2011
A POTTERS Bar engineering firm has showcased its latest state-of-the-art equipment, following a £1.5m investment.
Cold forming specialists Dawson Shanahan opened its doors to the public this week, as it celebrated the acquisition of new production equipment that bosses hope will help them build on recent success.
The company, founded in 1943, is a world leader in cold forming – a process whereby metals such as copper and aluminium are shaped at room temperature into components used for a variety of industries.
Dawson Shanahan specialises in creating complex components for the medical, aerospace and power generation markets.
And unlike much of the struggling British manufacturing industry, the firm has defied the economic climate by growing 30 per cent year on year since the start of the recession in 2008.
Guests including Hertsmere MP James Clappison and mayor Peter Knell were taken on a tour around the company’s 2,800 sq m purpose-built factory in Cranborne Road.
Dawson Shanahan’s joint managing director Les Reeves said: “The open day was to draw awareness to the company – to say we’re here, and we’re doing fantastic things, and to show people our most recent investment.
“It was a very, very good day.”
Mr Reeves added: “All of our guests were very impressed with what they saw and were very complimentary for what we have achieved and what we have planned for the future.”
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