Innovated Aluminium Technology (IAT) has improved the company's efficiencies by 60 per cent since installing two machines through a finance deal secured by Johnston Financial Solutions.
The Eglinton-based company which is a manufacturer and installer of polyester powder coated aluminium windows, doors and curtain walling also reduced its overall material wastage by 15 per cent.
The machines operate through a fully automated digital system, ensuring exceptional accuracy and precision due to the digitalised process. Moreover, their high efficiency in mass production enables IAT to competitively bid for larger projects.
Supplying both the commercial and domestic sectors across Northern Ireland, the Republic of Ireland and mainland UK, the company intends to improve productivity within the workshop to help meet the demands of customers and tender for larger projects.
Speaking about the requirement within the business for the new machinery, Managing Director, Leslie McClements explains: "In the manufacturing sector there is a need to constantly innovate, and work efficiently whilst producing high quality work and meeting customer demand. We knew the installation of these machines would help us do all of that. However, we required a financial solution to enable us to purchase and take the initiative forward.
"Mark quite simply made my dream a reality. As a business we are continually seeking to improve and innovate particularly through new technology and equipment and it was through the finance deal that we were able to progress and secure this new equipment which allowed us to grow and improve as a business."
Mark Johnston, Director, Johnston Financial Solutions said: "IAT required a somewhat challenging financial deal in that they needed a longer approval period than traditional models because of the lead-in time for the machines. The machinery was also located in ROI which posed a currency issue. However, whilst this was an unusual request it was something we were able to manage given our experience in this area. In short, we secured a 12-month approval period on the finance and a higher limit to allow for any currency fluctuations.
"I was delighted to help IAT secure finance for the installation of these two machines which has significantly benefitted and improved efficiencies for the company. The manufacturing sector is under increasing demands with rising energy costs, a pressure to reduce carbon footprint and a need to constantly innovate. The reductions in material wastage and improvements that the company has made in a relatively short period of time are really impressive."
With installation time for material preparation reduced by over 60 per cent and material wastage reduced by 15 per cent, the company has made significant strides. This investment has also led to the successful acquisition of a major contract for constructing the new Gaelscoil Maistri in Donegal.
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CONSTRUCTION DIRECTORY
Construction News
13/05/2024
IAT Improves Efficiencies With Johnston Financial Solutions
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