Precision Refrigeration has used a £34,000 grant from New Anglia Local Enterprise Partnership to enhance its factory processes and bring down the time it takes to make refrigeration equipment.
The grant has been incorporated into a wider £250,000 factory investment programme that is currently nearing completion.
Once finished, it will double the capacity of its Norfolk-based factory and speed up the rate of production, thereby achieving shorter lead times.
As part of the preparation work, Precision investigated its options with the local council to support the funding of the project.
Managing director, Nick Williams, said the contribution had made the factory investment programme easier.
“The grant of £34,000 has gone towards construction work, tooling, racking, enhanced quality testing equipment and general infrastructure improvements within the factory,” he explained. “The stores area has been totally re-designed to help reduce the building time of our products. The new layout means that the workers will take less time to get parts from the stores area to where they are needed on the production lines. We believe the average manufacturing time will be reduced by about 5%.”
Mr Williams said Precision had taken the opportunity to reorganise the flow of materials within the factory, making the most out of the space it has.
“The components are stored more closely to the lines, and we will continue to improve the way we work as a team. This all helps the company to speed up production and increase the overall output of the factory.”
Precision’s refrigeration equipment is supplied into a variety of foodservice establishments, including restaurants, hotels, bars, fast food chains and production kitchens.