GTMA add Preconomy to prestigious Membership base

GTMA is delighted to announce that Preconomy, one of the UK’s largest 24/7 tool making facility and first choice manufacturer for new tooling, modifications and repairs, has joined the GTMA from 1st February, 2020.

preconomy premisesEstablished in 1948, Preconomy is well known within the industry as a respected mould and die manufacturer. This has been achieved through continued investment in engineering technology and production techniques, together with its highly skilled and motivated workforce.

Manufacturing takes place on a 24hr, seven days a week basis, allowing customers the advantage of fast tooling lead times. In the global marketplace Preconomy prides itself in giving individual service, together with competitive prices and lead times, whilst delivering high standards of quality.

Preconomy has continued to invest and expand its production capabilities, with the purchase of additional milling machines, spark & wire eroders, Alpha 300 laser welder and more recently, a 5 Axis machine with future investment planned. This follows a move to a larger production facility at Crown Farm Industrial Estate in Mansfield, with 24,000 sq ft of floor space, together with an additional storage facility of 5,000 sq feet. The site has excellent transport links with the A1 and M1.

Whilst focusing on its core business, Preconomy has also been expanding its service side of the business and in particular its mobile services, which are available nationwide and across Europe. This includes laser welding, toolmaker support, onsite inspection, reverse engineering, together with project management and CAD design and support.

The GTMA look forward to a successful partnership during the months ahead.

Rob Molloy, Financial Director at Preconomy added ’we are looking forward to working in partnership with GTMA to explore further market sector opportunities and expand on our existing base. Continued investment and expansion in both automotive and non-automotive industries, together with the development of existing supply chains and services, has enabled Preconomy to establish a greater presence both nationally and across Europe. We therefore intend to utilise the GTMA membership as an essential part of our ongoing strategy to develop further opportunities for the business across various sectors.