Clayton Manley will be taking up the position of Managing Director of Centronic Limited, effective from Monday 9th January 2017, reporting to Sir Colin Terry, Non-Executive Chair of the Board. At this time, Ian Crawford will step down as CEO an...Read more...
Centronic Limited has launched a new business activity manufacturing high-specification electromagnetic coils.
The new products will initially be targeted at high-end avionics applications and will also support new and existing customers across a wide range of sensing and instrumentation technologies.
The group is based in a purpose built 320m2 facility which has been constructed on Centronic’s existing site in Croydon.
Initially the venture employs eight people recruited from the skilled local workforce who together bring experience of coil winding technology spanning more than 30 years.
The Coil Would Component business has been located adjacent to existing cleanrooms where it is expected to benefit from synergies of both processing and customer base with Centronic’s established photodiode and radiation detector businesses.
The new products are manufactured using high-specification materials and precision assembly techniques to provide high integrity inertial control data for flight safety systems built by some of the world’s leading aircraft manufacturers.
Centronic managing director Ian Crawford commented “We are delighted to be able to establish this new activity within Centronic. The coil winding business is an excellent strategic fit with our other product lines and the team have quickly made themselves an essential part of the company."
District Centre manager Ken Sherwood on behalf of Croydon Enterprise commented “It is excellent news that at a time of economic turbulence we see an established Croydon firm investing in the future and recognising the quality of our local workforce."