Capital Injection Ceramics board approves further “injection” of $500,000 investment for expansion of the manufacturing facility

Capital Injection Ceramics (CIC) has recently completed a $1,000,000 investment programme with the expansion of its manufacturing facility located in Corby, United Kingdom.

A further $500,000 investment has been approved by the CIC board of directors, this will total $1.5 million in the past 9 months, for two new injection presses and auxiliary equipment as well as recruitment of more production & technical staff.

This expansion, Phase 3, is expected to be completed in late summer of 2016. Once complete the enhanced production capabilities will ensure CIC have the capabilities to supply cores within agreed and required forecasts of customers.

The CIC board has confirmed that increased orders from customers, current and new, will drive investment and as such have confirmed further investment is planned in the coming financial year.