A LUTON machine producer is celebrating its highest earning month ever.
TRUMPF UK, in President Way, is also on target to record financial year 2010-2011 as its best ever.
The Luton base of the German multi-national is a sales and service base for the firm that produces machine and power tools, laser technology, electronics and medical technology.
The company recently held its three-day In-Tech open house and received £5million of orders from a record high attendance of just over 300 people.
Technical director, Scott Simpson, said: “Our success is indicative of how well our customers are doing. Many are near to maximum production and they are investing in new manufacturing technology to support this upturn.”
TRUMPF UK has the strongest recovery when compared with all other European markets.
The export market in particular is proving a real money-spinner for many TRUMPF customers.
Since formalising co-operation with machine refurbishers Severn Manufacturing Systems, TRUMPF has directly sold 20 units, adding more than £2.5m to turnover at TRUMPF UK.
Additionally, staff levels at TRUMPF UK are at an all time high and the company has confirmed that they have taken on another two apprentices. And as well as the £300,000 already invested in TRUMPF Luton facility, a further £100,000 has been allocated in the next financial year for more work to be undertaken. Top of the list is the development of training suites.