Wednesday, May 29, 2024

Record sales year for Carfulan Group

A surge in demand for advanced manufacturing and 3D printing systems has paved the way for a record year for an East Midlands industrial specialist.

Carfulan Group has seen revenues rise by 14% to £19.2m, creating six new jobs as a result.

Significant investment in boosting its sales team and several new product releases have been behind the expansion, with the family-run business now setting its sights on meeting a £40m target by 2030.

“Manufacturing has entered a new era of global competitiveness and our customers, whether they are OEMs, tier 1s or further down the supply chain, are all looking for ways to save costs, increase capacity and improve quality,” explained Chris Fulton, who is Joint Managing Director alongside his brother Matt.

“This is where we come into the equation. Our range of advanced metrology solutions gives them the opportunity to reduce the amount of downtime in their machining operations and the confidence that the parts they are producing are going to be right, first time.”

Founded in 1989 by the brothers’ mum and dad Andrew and Angela, Carfulan Group has evolved into a critical partner to industry.

It has invested more than £2.5m in creating a state-of-the-art demonstration centre in Derbyshire.

Chris went on to add: “Getting the right people into our business has been really important to our growth, with the workforce now topping sixty for the first time.

“Recent recruitment has seen us take on experienced specialists in our field and more apprentices that are making the most of our partnership with the JCB Academy.”

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