A Telford-based automotive specialist, who has seen domestic and global sales rise significantly, has been named as the ‘Best of British Casting Company’ at the recent UK Cast Metals Industry Awards.
Magna Cosma Casting UK has defied uncertainty in the sector to post one of the best years in its history, impressing judges with the way it has developed a high-pressure die casting digital twin whilst also leveraging design methodology and traditional manufacturing methods.
This approach has seen it boost the workforce by 40% and has been critical in helping it support the production of large structural body and chassis castings that reduce costs and increase value for UK and international customers.
Organised by the Cast Metals Federation (CMF), there were also major accolades for Kent’s Maybrey Precision Castings and the Black Country’s Newby Foundries (joint Component of the Year winners), with Goodwin Steel Castings claiming the Innovation title.
The Stoke-on-Trent-based company, a provider of critical duty steel castings for the petrochemical, power generation, nuclear and defence sectors, has implemented a remarkable carbon neutrality plan that has resulted in several firsts for the foundry industry.
A host of shopfloor innovations has seen it reduce its CO2 from 17 to 7 tonnes per tonne of product and this has reduced its Carbon Border Adjustment Mechanism (CBAM) liability by nearly 60%.
Having obtained the ISO50001 accredited energy management system, Goodwin Steel Castings has also installed on-site solar generation which, with an output of 3.5MW, has generated 8.4% of its total electricity usage over the last twelve months. It is now aiming for carbon neutrality by 2035.