Nemco Joins the Manufacturing Assembly Network


Reading time ( words)

One of the UK’s leading printed circuit board manufacturers has become the latest company to join the Manufacturing Assembly Network (MAN), as it pledges to record a £30m turnover by 2026.

Stevenage-based electronics specialist Nemco posted an £11m turnover figure in the last financial year and believes its involvement in the unique collective of sub-contract manufacturers and an engineering design agency will play a crucial role in helping it reach the ambitious target over the next four years.

MAN, which employs more than 1750 people across 13 different factories, offers every engineering discipline imaginable, including aluminium casting, automation and control systems, forging, high-volume pressings, plastic injection moulding, precision machining, tube manipulation and welded assemblies.

Attracting Nemco to the group is seen as a huge coup, with the printed circuit board assembly experts boasting a diverse client base touching many different sectors, including aerospace, defence, industrial and medical.

“We’re thrilled to be a part of MAN, for the simple reason that the group boasts like-minded businesses who are progressive, ambitious and looking to grow,” explained David Duric, Sales & Marketing Director at Nemco.

“There is no competition within the group, so there is a great culture of transparency and best practice sharing that can only be good for our business. Importantly, we also offer new solutions that complement the core capabilities of other members in the Manufacturing Assembly Network.

“It has been a tough time in the manufacturing sector due to the global pandemic and its after-effects. We effectively lost a year somewhere and although there was a slight dip in the order book during the initial pandemic, we remained strong and diversified to weather the storm."

He continued: “Thankfully we recovered because we acted quickly. We planned ahead and we kept on investing in new machinery and strengthening our purchasing department to offset the rising costs of raw materials. This combined approach has seen us emerge in a position of strength.”

Nemco, which was formed in 1985 by Dave Pearce and currently employs 122 people at its 60,000 sq ft Wedgwood Way facility, has identified significant opportunities in the renewable energy and EV sectors and is planning to make significant inroads in the months and years ahead.

It has also recruited two dedicated business development managers for the first time, who will spearhead a strengthened sales team, tasked with focusing on new opportunities and working with MAN to explore joint opportunities.

David added: “We are equally adept at providing finished PCB solutions or assisting our clients with their own processes.

“In some cases, they work up their designs and pass on to us to create. We make up to 24,000 in one week for one client in the medical sector, so our work is extremely varied.”

MAN, which works together to win new contracts and share best practice, comprises Alucast, Barkley Plastics, Brandauer, Grove Design, James Lister & Sons, Kimbermills International, PP Control & Automation and Muller Holdings.

The group has secured a string of contracts across automotive, electronics, medical and renewables following the easing of lockdown.

Share




Suggested Items

I-Connect007 Editor’s Choice: Five Must-Reads for the Week

08/05/2022 | Nolan Johnson, I-Connect007
The Top 5 list this week contains industry analysis from IPC’s Shawn DuBravac, news on the passage of the U.S. “CHIPS Plus” bill, new materials from Ventec, news about a fab for sale, and a chemistry company completing their acquisition, plus a brand new book in the I-Connect007 eBooks series.

Review: Institute of Circuit Technology 2022 Annual Symposium

06/15/2022 | Pete Starkey, I-Connect007
The British Motor Museum in Warwickshire, housing the world's largest collection of historic British cars, was venue for the 2022 Annual Symposium of the Institute of Circuit Technology on June 8, which attracted a substantial gathering of manufacturers and suppliers from the UK printed circuit industry. ICT chair Emma Hudson reflected upon lessons learned during the pandemic lock-down and how the industry has successfully adapted to circumstances. She commented that the UK’s PCB fabricators are extremely busy, as she introduced an outstanding conference programme including a keynote from the incomparable Happy Holden.

I-Connect007 Editor’s Choice: Five Must-Reads for the Week

06/03/2022 | Andy Shaughnessy, Design007 Magazine
Things are heating up in the world of PCB design and manufacturing as well. In the past week, we published quite a bit of news—some good, some not so good. Some of the news is mixed, as we see with the EMS industry shipments rising YOY in April, but falling from the previous month. It’s nice to see NASA investing in American small businesses, but they didn’t really have a choice, did they?



Copyright © 2022 I-Connect007. All rights reserved.