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Press release

Nasmyth Group streamlines its structure with creation of Nasmyth Metallics

16/06/2015

Press releaseIssued by Nasmyth Bulwell Ltd.

Nasmyth Group, a leading supplier of precision engineering products and services worldwide, has taken a further step in streamlining its structure with the creation of a new business cluster, Nasmyth Metallics.

This move will align all of the Group's key precision machining businesses – Bulwell Precision Engineers, Henton Engineering and Nasmyth Arden – and follows the establishment of Nasmyth Technologies in 2014 which brought together the Group's fabrication, forming and welding businesses.

All three of the businesses now forming Nasmyth Metallics manufacture critical performance components and assemblies for the global aerospace, marine and power generation supply chains. By coordinating and optimising their capabilities, capacities and systems across the three plants, they will be able to achieve even higher levels of global competitiveness in terms of performance, cost and technology.

Chairman and CEO of Nasmyth Group, Peter Smith, commented: “Establishing Nasmyth Metallics is an important step in our restructuring and simplification of the Group designed to enhance our responsiveness to customers, wherever they may be based and whatever their requirements. Whilst still retaining their own identities within the new cluster, Bulwell, Henton and Nasmyth Arden will now enjoy a level of shared support that will enable them to act optimally (either individually or collectively) to meet the most exacting of our global customers' precision machining needs”.

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