Latest news from Moldwel

Moldwel wins large contract in medical industry

26th February 2009 - West Midlands based Plastic Injection Moulding Company Moldwel Products Ltd have recently secured a major moulding and assembly contract with a leading First Aid and Health & Safety Company.

MD Andrew Penn “We received initial contact on the project in August 2008, and after considerable hard work and against some tough competition , we were awarded the contract in Early February.

We have once again invested heavily in new and advanced machinery, which was a major factor in securing this work, along with our long & considerable experience in supplying to the medical industry.

Like most moulders within the UK, we have found the past 12 months tough, with raw material and energy prices consistently rising. This has forced us to look closely at our business, and in some areas we have had to make cutbacks and reduce staffing levels. However we felt it important to push ahead, despite the gloomy predictions for the economy, with our investment and expansion plans, and the awarding of this contract has vindicated this decision.

Moulder invests in future despite testing times

1st August 2008 –  A walsall-based injection Moulder is defying the doom and gloom of the credit crunch and has invested in a further two Battenfeld moulding machines.
Moldwel Products purchased new 35, 130 and a 270 tonne machines in response to excellent trading performance over the past year and higher than expected order levels for the next six months.

The company,  which now has 11 Battenfeld machines, has also boosted employee numbers from nine -21 in the past nine months. MD Andrew Penn said maintaining levels of quality and service and improving efficiency were key to making progress in an industry where prices are rising dramatically. He said “we have invested heavily in the past two years and now we are seeing the benefits of this.”

Penn added that the firm was in negotiations over a large contract and said there were plans to buy more machines over the next six months.

Moldwel Take on New Quality Manager

7th July 2008 –  Moldwel Products is pleased to announce that Tracy Machine has been taken on as Quality Manager. She has joined the team as part of the continued expansion plans at Moldwel. Tracy has worked previously at Aldridge Plastics for 9 years where she gained her HNC in Mechanical Engineering.

The UK injection moulder will bring equipment in-house

17 May 2006 –  UK injection moulding firm Moldwel Products is to bring a customer’s assembly work in-house, requiring temporary closure for installation of equipment. Moldwel is to close its factory in Walsall for over a week to install an assembly area to take on additional work for the customer.

Moldwel agreed to take over assembly, packaging and labelling for the client on top of the injection moulding the firm was already doing. The new facility will cost in the region of £10,000-15,000, housing testing and assembly equipment such as labelling machines and water pressure testers.

Moldwel will carry out the installation itself and believes the move could help it attract new business. Andrew Penn, managing director, said: “We hope it will add an extra string to our bow as moulding is very, very competitive at the moment.”

Moldwel says that its investment in modern machinery has paid off

17 August 2005 – Moldwel Products, the Walsall, UK-based trade injection moulder, has secured a major contract with one of its current customers in the healthcare sector. The contract, which comprises over 20 new mould tools, is worth more than £400,000 (E588,000) a year and will create a number of new jobs at the company.

Managing director Andrew Penn said: “Winning this contract has vindicated our decision to invest in new and modern machinery. While many of our competitors and similar sized companies have been struggling and cutting back, we have continued to invest which has allowed us to improve our efficiency and quality.”

The company operates nine injection moulding machines ranging from 40 to 480 tonnes clamping force and has a toolroom with CNC milling machines, a spark eroder and several manual machines, as well as Solidworks and Matercam CAD/CAM facilities. The 30-year-old family business currently employs 12 staff. Penn said another four jobs could be created.

Penn said: “We place a great deal of time and effort in making sure our customers get what they want, when they want it, and I am sure the level of service we provide was the telling factor in winning this contract.