Suppliers to the automotive industry were some of the companies to be worst affected by the economic downturn. Tim Brown discusses with members of one of the largest independent UK stamping companies, Covpress Holdings, the impact of the recession and the need for strategic diversification.
Covpress Holdings is comprised of two companies on the same site — Covpress Ltd and NCJ. Covpress acquired Stratford based NCJ in 2004 and relocated the company to the Covpress site in 2005. At present, Covpress Ltd is 100% automotive and generally performs high-volume automated presswork and assembly using transfer and progression presses supported by…
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