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Midland Components started just 6 weeks ago

Midland Components started just 6 weeks ago

Added to MTDCNC by Victor CNC Ltd on 20 March 2014

In February 2014, Midland Components opened its doors for business. This CNC machining specialist business was started by Dave Hayes and Robert .

Opening their 10,000 sq ft facility on February 3rd was one of the most exciting days of both Dave and Bob's engineering life so far. Unusual to see, this new business has started with a bang. No mention or sight of used machinery, empty office space or limited factory footprint for expansion. In fact, quite the reverse. Midland Components less than 6 weeks in is equipped with two high performance CNC lathes, the latest CAD CAM software, two highly skilled turning centre operators and a growing order book.

So, how did two previously employed engineers manage to hit the ground running in such a competitive manufacturing environment and area. Well, it's not that complicated. They approached Victor CNC, a previous supplier of machinery to Dave's former employer. On first take it was evident to both Victor CNC and Midland Components that a flexible financing solution was in order for this newly founded business to take off at the speed both Directors' desired.

Finance For Industry were bought into the equation

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