Southern Springs and Pressings Ltd (SSP), has posted a record 52% increase in export sales in their 2017/18 accounts. The increase in exports contributed to the company’s increase in turnover of 35% in 2017/18, with pre-tax profits also up by 80%, a great achievement for the business which also celebrated their 70th anniversary.
Having secured more press work throughout the last 12 months, the business has continued to re-invest with a new tool design and production office. The new office will allow the team to design components using the latest CAD tool design technology, they have also purchased a further two CNC Power Presses, a new EDM machine and state of the art de-burring machines.
Tim Page, Managing Director said “We’ve had another fantastic 12 months which has seen a huge increase in demand for our press work. We will continue to invest in the business with a more modern working environment and the purchase of new machines”.
Visit Southern Springs and Pressings Limited at stand M170 to view samples of some of the product ranges they have on offer and speak to their technical team to find out what the team can design and manufacture