TURNING UP THE HEAT After doubling its capacity recently, high-precision iron foundry Ferromatix is expanding its activities. Abigail Saltmarsh reports.
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he past year has seen the results of great investment at high precision iron foundry Ferromatix in Belgium. Since doubling its capacity, the operation has decided to expand its activities and to focus firmly on the future. Head of sales, Wim Vandendriessche, says the move has set the foundry on track for full recovery to getting back to where it was before the economic crisis by 2013. Then Ferromatix would be well-positioned for achieving growth rates of between 15 and 20 per cent year on year after that. “This has very much been an investment for the future,” he says. “We have invested
in the foundry and we have been investing in people. We are offering quality in design, development and production and we hope to have got back to where we were by 2013 – and then to continue to grow from there.”
A solid history Ferromatix’s history goes back to 1953, when it was an integrated foundry activity within NV Michel Van de Wiele. In 1978, the foundry activity was divested and it became an independent company. In 2000, a €14 million investment was made in an automated FMS-foundry. A total integration of shop floor control and quality control