Altec Engineering has been in business since 1978 and provides full engineering contract support for mechanical and electrical engineering, CNC precision machining and special-purpose machine design and build, serving a wide range of industries, including: oil and gas, nuclear and renewable energy, aerospace, space science, medical science, automotive and defence.
Sigma Technologies adds a new dimension to the group's activities - high volume CNC component manufacture for a wide variety of clients.
Altec says it was attracted by Sigma's approach to providing innovative solutions to clients' needs, including: stock build programmes; inventory control; kanBan solutions; kitting; sub-assembly and integrated MRP. This approach has resulted in long-term and mutually beneficial client relationships.
For Sigma, the acquisition by Altec comes at a time when significant new investment was needed, when additional capacity and capability were required to meet client needs and when investment in highly skilled personnel and apprenticeships were high on the agenda.* 16 July update: removed statement that Sigma is a bearings distributor.
