Socket & Allied Screws has invested in new CNC machinery and with the support of a grant from Birmingham Council's Business Growth Programme, the company has already employed five new staff.
Managing Director Kevin Bradley said: "With the downturn in the oil and gas industry we have made a conscious decision to move into other industry sectors and broaden the range of products we produce. Given the new CNC machinery we have purchased, we are able to produce components from exotic materials and are actively pursuing new opportunities within the renewables, automotive and aerospace sectors.
"Birmingham Council have been extremely helpful, enabling a successful outcome to our grant application to the Green Bridge Supply Chain Programme. This has supported the purchase of the new CNC machinery and the creation of new jobs for skilled machinists."