Advanex will be opening a new factory in Czech Republic during August 2018. The new purpose built factory will be located near Prague and will employ up to 60 FTE’s.

The new factory comes as part of our ambitious growth plans that will focus on increasing turnover to over €38m (£30m) by 2020. As a leading supplier of precision components, the new factory will be largely focussed on manufacturing deep drawn, microsprings and plastic over moulding components. These components will be targeted at new and existing markets which will include automotive, aerospace, medical, pharmaceutical, office automation, transport and construction.

We are working closely with a construction company in Prague to ensure that the project management of the new factory runs seamlessly. The new factory will have state of the art machinery and production lines. We will be embarking upon a recruitment drive to employ a team of highly skilled and qualified people. This will involve recruiting a variety of roles including senior managers, engineers, designers, operatives and other production roles.

Steve Antcliff, Director for Advanex Czech Republic highlights, “We are proud to be launching our new factory as part of our 5 year, multi-million pound investment strategy to grow the business. Czech Republic is an excellent location for us with a growing economy, highly skilled labour market and well-developed infrastructure. We are confident that our years of expertise in designing and manufacturing components can add significant value to OEM’s and other manufacturers”.

The opening of the new factory will be celebrated with a launch event during August 2018. This will be the ideal opportunity to meet the teams and understand how the new operation will work.

Globally, Advanex have operations in 23 countries including the United Kingdom, Japan, China, America and Thailand and produce a range of metal components suitable for the automotive and medical markets, which include (but are not limited to):

• Compression springs
• Extension/Tension springs
• Insert Mouldings
• Insert Collars
• Torsion wire forms
• Pressings
• Deep drawn
• KATO® CoilThread® inserts
• Medical springs

As part of Advanex Inc. based in Japan, Advanex Europe are also active members of the SMMT and hold numerous quality accreditations and standards such as ISO 7 Clean Rooms, ISO 13485, ISO 9001 and ISO 14001 and are AS9100 certified.

For more information please contact pressoffice@advanexeurope.co.uk or visit www.advanex.cz