AVPE investing despite Brexit uncertainty
Despite the uncertainties surrounding Brexit, AVPE (Avon Valley Precision Engineering) is investing in an increase in capacity and capability, including two Doosan 750 milling centres.
These investments will support a new major retrofit programme and a new OEM contract on Airbus platforms and presents confidence in AVPE’s ability to deliver a quality product and service post Brexit.
In the final quarter of 2018 AVPE has invested in the following:
• Two Doosan 750 Milling Centres with a 2000mm x 850mm capability
• A Citizen Multi-Axis Sliding Head Turning Centre
• A Doosan 630V 5 Axis Milling Centre 650mm x 765mm x 520mm with a 20,000rpm spindle speed
Commenting on this significant investment, Mark Summers AVPE’s MD said: “These four machining centres represents a circa £750k investment by AVPE shareholders, which is a significant commitment to support the Airbus OE and MRO programs, post Brexit.
"AVPE Shareholder confidence is also reflected in the recent recruitment of four new Apprentices to join the existing apprentice team of five. For the first time AVPE has recruited back office Apprentices in Business Administration and Finance.”