Self-lubricated polymer bearings and bushes manufacturer Vesconite Bearings will add three computer numerically controlled lathes and machining centers to its machine shop next month.
Among the equipment added will be a Mazak slant turn lathe with a C axis, a Gate ECL 550 gap bed lathe and a Haas HS-1 horizontal machining centre.
“We are excited to be adding these machines to our machine shop,” says Chairperson Dr. Jean-Patrick Leger.
“We want to have additional capacity to allow for our ambitious growth targets.”
The machines are similar to existing equipment that Vesconite Bearings has on hand but have been purchased to ensure that the company has an additional 10% capacity to ramp up its production by ten times in the next ten years.
This is in line with the company’s objective to gain 10% of the world market share of the type of niche polymers that the company produces, thereby increasing sales by ten times within ten years, says Leger.
The company’s extensive machining capacity, which will increase to 70 machines next month, is well regarded globally and allows the company to manufacture precision machined custom wear parts made out of various polymers as well as finish moulded products.
Vesconite Bearings has a factory floor space of 20,000m2, and its factory includes polymer compounding, extrusion and moulding shops in addition to its extensive machine shop.
The company makes rods, machined plates and bushings as stock parts, as well as high-quality finished parts for the agriculture, railways, mining, pump, heavy transport, hydro, renewable, earthmoving and marine industries.
The polymer bushings and wear-materials manufacturer prides itself on fast production, turnaround and delivery, with an average global delivery time, using various courier companies with global experience, of three to seven working days.
The company also focuses significantly on training and skills development, and is currently mentoring 23 young people as part of its apprenticeship programmes.