Far-UK Ltd. (West Bridgford, Nottingham, UK) has started the development of four new processes under the Composite Innovation Cluster project, of which the company expects to bring at least two to market during the project. These processes have been given the code names Process 1, Process 2, Process 3 and Process 4. The most advanced of these is Process 4; the company exhibited a composite wheelchair manufactured using this process at the recent JEC Composites Show in Paris.
Far-UK also won the North West Automotive Alliance Annual Innovation Award for this process. As a newly formed company Far-UK is delighted to have won an award from such a significant industry body. The process is designed to enable niche vehicle manufacturers to produce complex shapes with carbon fiber, with the aim of being a cost comparable solution with aluminium, while offering significant weight reduction.
In August 2013 Far-UK Ltd acquired a controlling interest in Axon Automotive Ltd. FAR-UK had been working with Axon on a number of projects, including the Composites Innovation Cluster, and the links between the two companies had been getting stronger over this period. Both companies are already achieving benefits by sharing some overheads, and see the strong relationship between the two companies proving an asset to both businesses. As the two businesses have different offerings and strategic aims they will continue to be run as separate limited liability companies. This will enable them to play independently to their strengths while working together where it gives benefits for their clients.
Far-UK, having started at the University of Nottingham Innovation Park, has now moved to its new 5,000-square-ft facility on Wilford Industrial Estate in Nottingham. For more info: http://the-cic.org.uk/far-mfd and http://www.far-uk.com/.
Editor PickA tsunami of growth: An inside look at the CSP/Teijin merger
I had the opportunity to meet and interview the top executives of Continental Structural Plastics (CSP, Auburn Hills, MI, US) and Teijin Ltd. (Tokyo, Japan) last week. The occasion was an open house and celebration of the acquisition of CSP by Teijin.