The Chelmsford-based engineering company has already increased sales by around 40% over the last two years and aims to expand by winning more contracts in the growing global aerospace market.
So Currock, whose customers include MBDA Systems, Leonardo and BAE Systems, applied to join the SiG programme to further improve its productivity, processes and skills.
As a family-owned business, Currock has a turnover of around £7 million and employs just over 70 people, producing machined components for aircraft such as the new F-35 Joint Strike Fighter, F-22 Raptor, Gripen, Apache, Seawolf and Blackhawk.
The SiG programme, which attracts £1.1 million from the Regional Growth Fund (RGF) for each participating company, will help develop the company’s capability, productivity and competitiveness to secure more business and jobs in the UK.
Said Currock chairman and CEO Tony Murray, commented: “To support our growth strategy and maintain strong customer relationships, we have invested in the latest technology and machinery and in a third business unit. We now plan to work with Sharing in Growth to develop our skills and performance so that we can provide the highest levels of quality, delivery and customer service and ensure we are productive and competitive to win more business and create new jobs.”
SiG’s initial focus will be on supporting Currock to increase its lean and continuous improvement activities, drive supply chain improvement and develop a new product introduction process.
With over 50 companies already on the programme, SiG is looking to recruit around six companies with significant growth ambitions to fill the remaining funded places. Companies interested in joining the SiG programme can complete an expression of interest form which is available at www.sig-uk.org/apply.