C-MAC SMT, a specialist UK printed circuit board manufacturer based in Warwick, has posted sales of £3.2 million for the last 12 months, and is aiming for sales of £4 million this year.
It marks a record year for the business and comes just 24 months after it was bought by Belgian-based C-MAC in 2018.
Under new ownership, the management team has shifted the focus from small one-off orders to concentrating on customers that offer repeat business, a focus that has already led to a string of new client wins.
Richard Halton, Business Development Manager for C-MAC SMT, said: “I don’t think anyone has ever seen 12-months like we’ve just had.
“From the start of the pandemic to this day, we have managed to keep the factory open, with the shopfloor switching to socially distanced production and office staff working from home. Despite all of these challenges and many of our automotive customers halting work for a period of time, we still grew turnover 29 per cent in 2020.”
He added: “This has continued in the first quarter of 2021, with the car industry bouncing back beyond all expectations, joining some new wins in the medical sector – an industry rich in potential for our expertise in PCBs and electronic assembly.
“Electrification is a massive opportunity for us as well and this is why we are using our membership of the Manufacturing Assembly Network (MAN) to pool resources with the likes of Alucast, Brandauer and PP Control & Automation. Together, we have the complementary expertise to offer the OEMs and end users access to a single-source manufacturing solution.”
Richard added: “Brexit, at first, had little effect on our supply chain as the majority of our suppliers had all the necessary paperwork in place. However, during the last couple of months we’ve begun to see cracks appear and delays on components arriving to use from Europe. What would normally be two to three days has now gone out to three to six weeks delivery times.
“Hopefully, this will just be a temporary issue as 2021 is shaping up to be a very good year for C-MAC SMT, as we aim to reach £4m for the first time in our history.”