Incanite Foundry in 65 jobs joy

An historic foundry is creating 65 new jobs as part of a £2.5 million investment, it was revealed today.

The Incanite Foundries building before recent development work
The Incanite Foundries building before recent development work

An historic foundry is creating 65 new jobs as part of a £2.5 million investment, it was revealed today.

Incanite Foundries in Smethwick is creating an aluminium foundry as part of a new 30,000 sq ft facility and has already invested £850,000 in equipment.

Managing director Elliot Eaton said today that 45 new staff were being recruited for the aluminium operation on top of the 100 currently employed at the firm’s site in Cornwall Road.

The firm has also secured a contract to make 11,000 posts for an airport in Dubai by the end of January and will see another 20 staff hired just for that contract.

He said: “The overall investment will amount to more than £2.5m. It is a major project for the company.”

The 85-year-old company, which was formerly part of the Wellman Group, is set to increase its turnover from £3.5m in 2011-2012 to between £8m and £9m in the current financial year.

The addition of the aluminium operation forms the first of three phases of development with the second being updating and improving the existing iron foundry on site. The project will take about 18 months.

The final project will include improvements to the frontage of the building which involves securing land from a neighbouring business and securing planning permission from Sandwell Council for a new office block and technical centre. The existing building will also be re-skinned.

The firm is also looking to take on a number of engineers including a project engineer for the Dubai contract and is already advertising for foundry posts.

It has attracted orders from a variety of sectors including the oil and gas industry, aerospace, marine, agriculture and military.