After investing £100,000, Titan Monitoring has spent the last 12 months designing and developing a range of load monitoring systems and calibration equipment that aim to offer manufacturing solutions to tool issues and high maintenance costs.
The newly developed systems can be configured to suit any size or make of power press and a number of units are already in use with local companies.
The Stourbridge-based firm are expecting to secured £250,000 of sales within the first year, after receiving significant interest from suppliers to the automotives, aerospace and construction sectors.
Tony Carter, director of Titan said: “We have many years experience of working on power presses across all sectors and we have utilised this knowledge, together with the latest electronics expertise, to come up with a range of new equipment including load monitors, tool sensing and electronic cam packages.
“These can be individually configured to suit customer requirements and maximise the performance of their equipment.”