Engineering - UK - Business for sale

Two companies. Press tool design and component manufacture. Owns and operates over 30 presses: between 60 and 800 tonnes, with bed sizes between 0.075 and 8.0 square metres, and is capable of running both progression and tandem dies. Operates as a manufacturer of tooling, and is used in the steel press process and supplied direct to clients. It has 120 staff at the Gateshead-based steel press, and 50 at the Coventry-based tooling manufacturer. The Gateshead premises has two connected units: one is owned by the companies and the other is leasehold. The Coventry premises is owned by the companies. Assets comprise plant and machinery, steel stock, office equipment and vehicles.