Learn with the Cliff Notes on precision components

 

* H V Wooding for busbars, motor laminations, bespoke precision components, as a subcon manufacturer we don't have our own products.

* We love to see new prototype projects come in, we have seen a lot from electric manufacturers at the moment

As the electric vehicle industry is still young we are able to offer advice and guidance

* Reshoring has been very big for us. With Covid19 and Brexit a window of opportunity opened up with clients worried about supply chain

* Reshoring cost driven at first, then not needing to order in quantity, goods in transit risks, carbon footprint and also it is much easier to talk to a local in same country on the phone

* The feedback we have seen has been amazing and the cost that were perceived to be there were not really there

* We have not experienced teething problems with new brexit export rule, we mainly export on single loads without problem, mixed loads with other companies have had more paperwork problems.

* We use a lot of copper that is imported but not on other lines

* Most of our work is single load and also a safety-net

* People are realising the impact of Reshoring and how positive it can be to them