A Black Country specialist in precision press tool design and manufacture is targeting £3m turnover by 2025 after it completed a £1.1m investment drive that included the installation of a complete new press line.
Phoenix Tooling & Development Ltd, which supports customers in the automotive, construction, white goods, EV and medical sectors, has extended its long-standing relationship with Worcester Presses to purchase a new 500-tonne Ching Fong press and full coil line. The GTX 500-D delivers the longest tool bed (3.4m x 1.5m) in its history and is equipped…
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