Hague Fasteners celebrates 50th birthday with £100,000 CNC investment
Story by
October 21, 2021
Black Country manufacturers, Hague Fasteners, which produces non-standard fasteners and bespoke bolts, turned 50 years old this month and marked the big anniversary by investing more than £100,000 into a new three-axis CNC lathe to help it deliver more complex parts and increased capacity.
The XYZ CT 65 LTY was commissioned at the start of the month and is already being used to deliver contracts for the oil and gas sector, with the company hoping the additional turnover will help it move towards its target of £2m sales by the end of the year.
It marks what has been the busiest period in the family-run firm’s recent history, with current Managing Director Jon Hague joined at the helm by his wife Claire and sons Jack (Technical Director), Tom (Customer Service) and Max (Finance).
“My father John Hague started the business 50 years ago and back then it was founded on technical expertise, the same technical expertise that is still crucial today in helping us supply parts to more than 30 countries across the world,” explained Jon, who joined Hague Fasteners straight from school in 1989.
“I think he’d be very proud that we have been able to withstand global recessions and the recent pandemic and the fact that the business now has the third generation of Hagues working here.”
He continued: “The family ethic extends to all members of our 16-strong workforce. They have been fantastic during Covid-19, allowing us to remain operational and ensuring we continued to provide critical fasteners and bolts to the NHS and for power stations all over the world.
“The new 3-axis CNC machine is a perfect way to celebrate five decades in business and puts a marker in the sand for the technology we are trying to embed into our future capabilities.”
Hague Fasteners has been manufacturing in the Black Country for the last fifty years, its most recent move being to an 8500 sq ft factory on Monmer Close in Willenhall in 2017.
The Black Country manufacturer has expanded by 30% this year with sales already passing the £1.6m level. Future plans will see it target £2m over the next twelve months, with new jobs expected to be created if the vision becomes a reality.
