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Halesowen firm secures new contracts
A Halesowen engineering firm is bucking the worldwide trend with an impressive £5 million worth of new business in spite of the gloomy global financial crisis.
Thompson has secured contracts for seven new friction welding machines from many of the top international makers of construction machine components including Caterpillar.
The machines are made at Thompson's manufacturing factories in Hereward Rise and Chancel Way.
Four of the machines have been supplied to customers in Europe, the United States and the Far East including two Caterpillar plants. The remainder will be delivered to manufacturers in South America and Asia.
Thompson's sales manager Nick Edge said: "Thompson has been producing equipment for construction machine makers for more than 40 years and it is the company's ongoing investment in innovation, which ensures Thompson's position at the forefront of the market."
Established since the early 1960s, Thompson employs 100 staff at its two sites in Halesowen and has an annual turnover of around £20 million.
It produces a range of friction welding machines for component manufacturers in the aerospace, automotive and oil exploration industries
12:15pm Monday 24th March 2008
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