SL Engineering selected for Sharing in Growth programme

SL Engineering
SL Engineering

Sharing in Growth (SiG) has selected a rapidly growing Lincolnshire- based engineering firm, SL Engineering, to join the award-winning business transformation programme.

Sharing in Growth (SiG) has selected a rapidly growing Lincolnshire-based engineering firm, SL Engineering, to join the award-winning business transformation programme.

SL Engineering, based near Grantham, produces specialised rigid tube assemblies, complex fuel manifolds, core engine pipes and flexi-metallic rigid pipes used in some of the world’s most demanding fuel, hydraulic and other critical fluid conveyance applications.

The company has experienced 87% growth in the last three years, particularly from aerospace where its customers include Rolls-Royce, Eaton Aerospace, Safran Aerosystems, Kawasaki, and GKN.

To continue this rapid growth, increasing its turnover from almost £6 million to over £12 million by 2023, the company applied for SiG’s support to ensure it can efficiently deliver this growth, improve existing customer satisfaction and successfully compete to win even more new business.

After a detailed and robust business diagnostic, it has now been accepted onto the government-supported, industry-led programme.

Joint managing director Shaun Stevenson said: “SL Engineering has a great reputation with our global customer base and we’ve worked hard and invested heavily in business systems, machinery and people to achieve this phenomenal growth. But, like most UK supply chain companies, we face growing fierce competition from low-cost countries and need to successfully deliver cost savings and simultaneously achieve steep production build-rate increases.

“At the same time, we are dealing with the challenges of doubling in size while ensuring that we maintain our existing sound customer relationships built on trust and integrity to continue to meet our quality and delivery promises to customers. So, having worked with the ADS led SC21 aerospace improvement standard, we recognised that it was time to scale up and join Sharing in Growth in order to undertake a total business transformation.”

Among the first priorities for SL Engineering on the SiG programme will be to create a lighthouse cell for one of the largest volume product lines. This will enable Sharing in Growth to support the implementation of world-class productivity standards which can then be shared across other production cells in the business.

There will also be a focus on supply chain management, cost reduction, cash flow and increased machining efficiency. This will be supported by structured data gathering and analysis and engaging the workforce through effective communication and involvement to ensure that, despite increasing their headcount by 60% to more than 80 people, the whole team can become involved to support change and expansion.

A not-for-profit organisation, Sharing in Growth is supported by the Regional Growth Fund and by more than £150 million in private investment.

Over 60 companies, with some 10,000 employees, have benefitted from the Sharing in Growth programme across the UK. Each company participates in a bespoke and intense training and business transformation programme which focuses on leadership, culture and operational capability delivered by SiG’s own 100 strong team of business coaches as well as a bank of world-leading experts including The University of Cambridge’s Institute for Manufacturing, Deloitte, Industry Forum and the National Physical Laboratory.

Sharing in Growth www.sig-uk.org

Most recent Articles

Carter enjoys success at HAI HELI-EXPO event

Acknowledged as the World’s largest vertical aviation conference and trade show, HAI HELI-EXPO 2024 provided precision bearing specialists Carter Manufacturing a perfect opportunity to exhibit its extensive range of aerospace bearing installation, removal and testing tools, along with PMA bearing options.
1 day ago News

Login / Sign up