Remanufacturing firm NSL Power Steering has announced plans for further investment at its Coventry base as part of an exciting new chapter for the business following a run of impressive contract wins.
The fast-growing firm, which specialises in the remanufacturing of steering systems, has secured a number of new orders over the last few months and is now working with some of the biggest players in the automotive world.
According to boss Mick Parsons, these latest contract wins, which will bring in around £100k a month, will have a major impact on the business and help lay strong foundations for NSL to continue to build on.
The company is already planning a number of new investments this year, including an injection of £30k in new machinery to further improve production processes.
And Mick is looking to diversify the business and increase the company’s product range – a move which he believes will further reinforce NSL’s positioning in the marketplace.
“This is an incredibly busy time for the business,” said Mick. “We are delighted to have secured a number of new contract wins which will place the business in an even stronger position than ever before.
“The new contract wins are a reflection of the hard work of our staff and the expertise we have here at NSL. They were won as a result of our production processes, the high quality of our parts and also the reduced lead time, all of which we are incredibly proud of.
“Today, NSL is working with some major players in the marketplace and this will help the business to continue to grow its reputation within the automotive industry and expand our operations in Coventry.”
