Ilfracombe, UK, 18 September, 2024 – Expromet Technologies Group, a leader in precision-engineered manufacturing solutions, has announced the opening of a new facility in the Philippines through its subsidiary, Expromet Asia. This expansion aims to provide global customers with extended sourcing solutions, improved inventory management, faster delivery times, and local precision CNC machining capability.
Located within the Philippine Economic Zone Authority (PEZA), the new facility is a key element of Expromet’s strategy to optimize its end-to-end supply chain. By establishing a base in Southeast Asia, Expromet can strengthen existing supply routes and directly connect with a broader manufacturing base, including key sources in India, Vietnam, and Thailand.
According to Robert Guest, CEO of Expromet Technologies Group, “Expromet’s increased presence in Southeast Asia will enable us to offer our customers greater sourcing flexibility and improve their supply chain resilience. With local warehousing and inventory management, we can quickly respond to changes in production schedules and deliver stock on demand, providing our customers with the flexibility they need in today’s dynamic market.”
The new facility, operated by Expromet Asia, will offer a comprehensive range of services, including enhanced sourcing flexibility, reduced lead times, and cost efficiency and operational reliability. Through its strategic location, Expromet Asia can provide customers with more diverse and secure sourcing options, minimizing supply chain risks. Additionally, by managing inventory and offering warehousing services, Expromet Asia can significantly reduce lead times, ensuring customers receive components exactly when needed, thus minimizing production disruptions.
The facility will also feature state-of-the-art CNC machining technology, enabling the production of precision components on-site. This capability complements Expromet’s existing facilities in the UK, providing customers with cost-effective manufacturing options and faster delivery times.
Jason Tyas, president of Expromet Asia, who has extensive experience in the aerospace and defense sectors, is leading the development of Expromet’s Southeast Asia business. “This expansion is a fantastic opportunity for our customers to benefit from strategic sourcing and reduced lead times,” said Tyas. “Our presence in the Philippines will not only improve supply options but also allow us to forge stronger relationships with local customers and manufacturers.”
In addition to offering extended sourcing solutions, Expromet Asia’s new facility will serve as a hub for product development, providing local technical and engineering expertise to accelerate innovation and optimize manufacturing processes. By integrating supplier-managed inventory and flexible scheduling, Expromet Asia will provide a turnkey solution that adds significant value to customers’ supply chain management.
Expromet Technologies Group is a global leader in precision-engineered manufacturing solutions, serving industries such as aerospace, automotive, and electronics. With operations in the UK and the Philippines, Expromet delivers high-quality casting and machining services, supported by a global network of trusted manufacturing partners. The company is committed to driving innovation and excellence in supply chain management, ensuring customers receive the best solutions for their performance-critical applications.
For more information, please contact:
Alex Brake
alexbrake@expromet.com
Distributed by https://pressat.co.uk/
