Forgemasters forges ahead with investment plans

Posted on 16 Feb 2017 by Fred Tongue

Engineering specialist Sheffield Forgemasters has secured funding from the Sheffield City Region's Local Enterprise Partnership (LEP) towards a £6.5m investment in new machinery.

The LEP will provide £650,000 from its £52m Business Investment Fund for new machinery at Forgemasters’ Brightside Lane machine shops to allow further growth and the manufacture of forgings and castings. Forgemasters will install two new machines; a five-axis milling machine, and a vertical turning lathe to enable the three-dimensional machining of increasingly complicated, ultra-large…

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