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Castings PLC
Castings PLC

Metals / Metal Castings and Engineering

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Company at a Glance

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Overview
Castings PLC is a British foundry company that specializes in the production of high quality ductile iron castings. The company was founded in 1907 and is based in Brownhills, West Midlands, UK.
Castings PLC has a long history of producing castings for a variety of industries, including automotive, rail, construction, and agriculture. They also offer machining and assembly services for their castings.
The company prides itself on its advanced technology and state-of-the-art facilities, which allow for efficient and precise casting production. They also have a strong focus on research and development, constantly seeking new and innovative ways to improve their processes and products.
Castings PLC has a diverse customer base, supplying their castings to companies both in the UK and internationally. They have a strong reputation for delivering high-quality, reliable products, and have received numerous industry awards for their work.
In addition to their casting operations, Castings PLC also has a commitment to sustainability and environmental responsibility. They have implemented various initiatives to reduce waste, energy consumption, and emissions, and have received recognition for their efforts.
Overall, Castings PLC is a reputable and reliable company that has a strong presence in the foundry industry and is committed to delivering quality products and services to its customers.
What is special about the company?
1. Long-established history: Castings PLC was founded in 1907 and has been in operation for over 110 years. This makes it one of the oldest foundry businesses in the UK.
2. Focus on stability and growth: The company has a strong track record of stability and growth, with steady profits and consistent dividends paid to shareholders.
3. Expertise in aluminum and iron casting: Castings PLC specializes in the production of precision aluminum and iron components, using advanced casting technologies.
4. Diverse customer base: The company serves a variety of industries, including automotive, construction, and engineering, providing a wide range of customers and revenue streams.
5. High-quality products: Castings PLC has a reputation for producing high-quality, precision components and has won multiple awards for its products.
6. Strong financials: The company has a robust financial position with low levels of debt and a solid cash balance.
7. Commitment to innovation: Castings PLC invests heavily in research and development to continually improve its casting processes, products, and services.
8. Environmental responsibility: The company has a strong commitment to sustainability and continuously works to reduce its environmental impact.
9. Strong corporate culture: Castings PLC has a strong corporate culture that focuses on employee development and strives to create a positive work environment.
10. Industry leader: The company is recognized as a leader in the UK foundry industry, with a strong reputation for reliability, quality, and customer service.
What the company's business model?
The business model of Castings PLC is to design, produce, and sell a wide range of high-quality metal components for various industries, including automotive, construction, and industrial applications. Their business is primarily organized into two segments: Castings and Machining. The Castings segment involves the production and distribution of iron and aluminum components such as brake drums, engine blocks, and gearbox housings. The Machining segment includes the machining of castings and other precision components for use in a variety of applications. The company also offers design and engineering services to assist customers with product development and prototyping. Additionally, Castings PLC follows a lean manufacturing approach, focusing on efficiency, quality, and innovation to deliver value to its customers while maintaining a competitive edge in the market.
Interesting facts about the company
1. Castings PLC is a leading manufacturer and supplier of iron castings, alloy castings, and machined components.
2. The company was founded in 1925 in Brownhills, West Midlands, England, by James George Boden.
3. Castings PLC operates through two main divisions: Foundry Operations and Machining Operations. The Foundry division produces the iron and alloy castings, while the Machining division machines and assembles the castings into finished products.
4. The company’s foundry division uses three different methods of making castings: sand casting, gravity die casting, and high-pressure die casting. Each method is suitable for different types of castings and quantities.
5. Castings PLC’s customers come from a variety of industries, including automotive, railways, construction, agriculture, energy, and oil and gas.
6. The company has several subsidiaries, including NovaCast Systems AB in Sweden, formerly known as Österdalens Gjuteri AB, and William Lee in the UK, which manufactures high-pressure die-casting machines and tooling equipment.
7. Castings PLC has a strong commitment to sustainability, implementing environmentally-friendly practices such as using energy-efficient equipment and reducing waste and emissions in its operations.
8. The company has won numerous awards for its excellence in manufacturing and sustainability, including the Institute of Cast Metal Engineers’ Sustainable Manufacturing Award and the Best Foundry Castings Award at the Cast Metals Federation Awards.
9. In 2000, Castings PLC was listed on the London Stock Exchange, and as of 2021, it is included in the FTSE 250 Index.
10. The company has a strong history of community involvement, supporting local charities, schools, and community organizations through donations and volunteer work. They also have a successful apprenticeship program to train the next generation of engineers.
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