EuroWire January 2016

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News
Corporate
34 January 2016
A UK manufacturer is setting its sights on a share of the
£60bn nuclear sector after securing a new funding boost.
Alloy Wire, which makes round, flat, shaped profile and
electrical resistance wires in a range of exotic nickel
alloys, has become one of the first companies in the West
Midlands to start the Fit For Nuclear (F4N) journey.
The Brierley Hill-based firm will benefit from a £10,000
grant to help it develop a new strategy for targeting
this market and ensuring it meets exacting health and
safety and performance standards required by the major
contractors.
It is anticipated that this funding – combined with ongoing
support from manufacturing experts at the Business
Growth Service – will unlock nearly £750,000 of potential
contracts.
Alloy Wire will spend the next five months working its way
through the Fit For Nuclear programme, working with
assessor Huw Jenkins and expert consultants Start 2 Finish
Marketing and Initiative Quality and Safety Ltd.
With the additional funding, the company has started
to produce a nuclear specific brochure/website and is
looking to attend a number of exhibitions to showcase its
capabilities.
The company supplies wire from 0.025mm (0.001") to
21mm (0.827") and currently works with 4,000 customers in
15 sectors.
Fit For Nuclear has been developed by the Nuclear AMRC
with the support of its nuclear industry partners, and is
delivered to businesses in the UK in partnership with the
Manufacturing Advisory Service (MAS), now part of the
Business Growth Service.
The expanded Fit For Nuclear programme, which is
supported by the Regional Growth Fund, aims to help UK
manufacturers measure their capabilities against industry
standards and take the necessary steps to close any gaps.
AlloyWire Ltd – UK
Website:
AlloyWire targets
new nuclear
opportunities
▲ ▲ Huw Jenkins, left, Fit For Nuclear assessor, and Mark Venables, managing
director of Alloy Wire