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Verbatim transcript of presentation by Dr. Mike Ashton, Chief ...

Verbatim transcript of presentation by Dr. Mike Ashton, Chief ...

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Copyright Cti 2006<br />

And our ability to do so will be<br />

markedly enhanced when we take<br />

delivery in 9 months time <strong>of</strong> a largescale,<br />

500kg capacity vacuum-melting<br />

unit. At the beginning <strong>of</strong> this week I<br />

was in Germany finalising its<br />

specification with one <strong>of</strong> only three<br />

manufacturers in the world capable <strong>of</strong><br />

producing this advanced technology<br />

equipment to the required standard. It<br />

will enable us to put into proper effect<br />

a novel approach to the manufacture <strong>of</strong><br />

large, near net shape castings in high<br />

performance alloys <strong>of</strong> nickel, cobalt<br />

and steel. We are confident that this new approach will reduce procurement costs and<br />

improve product integrity and performance in the target aerospace, defence and oil and gas<br />

sectors. This £1.2m investment, supported <strong>by</strong> Objective 1 and Yorkshire Forward,<br />

complements the substantial regional strengths in special metals, it demonstrates further our<br />

commitment to enhancing the status <strong>of</strong> the Park and ensures that our facilities and<br />

capabilities remain unique, world-class, relevant to the marketplace and accessible to<br />

industry.”<br />

Page 4

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