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Big future for historic names in takeover
Elland machine-tool manufacturers Crawford Swift and Binns & Berry have been bought out by the nationally and internationally-renowned Precision Technologies Group.
The local companies, with more than 200 years of history between them, will continue to work side by side at Rosemount Works in Elland under the new title Jones & Shipman Remanufacture Ltd.
The two brands will continue in their current capacity, as providers of bespoke solutions for large lathes, grinding machines, and special purpose machine tools.
Mark Franckel, group chief executive for PTG, a Rochdale firm, said: "I am delighted that we have acquired these historic British brands and see enormous benefits in the synergy they create within the group."
Throughout its history Crawford Swift has continued to develop and manufacture large machine tools.
The company has specialist expertise in the design and manufacture of new lathes, friction stir welding machines, acrylic polishing machines and various other special purpose machine tools.
The company is also renowned for re-engineering, remanufacturing, repairing and servicing mach-ines with a work piece capacity of up to 250 tons.
Binns & Berry specialises in the design, manufacture and repair of large capacity CNC lathes for components up to 15 tons.
Its unique modular construction techniques include a threequarter guideway bed design that allows the turning of large components in a single pass.
The company also provides re-engineering, rebuild and retrofit services for medium and heavy duty turning machines.
PTG says it decided to exploit opportunities in the large capacity machine tool sector on the back of tremendous growth and increasing demand for its new products.
http://www.halifaxcourier.co.uk/local-business/
The local companies, with more than 200 years of history between them, will continue to work side by side at Rosemount Works in Elland under the new title Jones & Shipman Remanufacture Ltd.
The two brands will continue in their current capacity, as providers of bespoke solutions for large lathes, grinding machines, and special purpose machine tools.
Mark Franckel, group chief executive for PTG, a Rochdale firm, said: "I am delighted that we have acquired these historic British brands and see enormous benefits in the synergy they create within the group."
Throughout its history Crawford Swift has continued to develop and manufacture large machine tools.
The company has specialist expertise in the design and manufacture of new lathes, friction stir welding machines, acrylic polishing machines and various other special purpose machine tools.
The company is also renowned for re-engineering, remanufacturing, repairing and servicing mach-ines with a work piece capacity of up to 250 tons.
Binns & Berry specialises in the design, manufacture and repair of large capacity CNC lathes for components up to 15 tons.
Its unique modular construction techniques include a threequarter guideway bed design that allows the turning of large components in a single pass.
The company also provides re-engineering, rebuild and retrofit services for medium and heavy duty turning machines.
PTG says it decided to exploit opportunities in the large capacity machine tool sector on the back of tremendous growth and increasing demand for its new products.
http://www.halifaxcourier.co.uk/local-business/
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