Pioneers in Machining Technology
Published on 10th June 2018, the ninth annual Sunday Times HSBC International Track 200 league table listed machine tool sales company NCMT in 134th place. The table ranks 200 mid-market private companies (unquoted and not subsidiaries) in Britain with the fastest growing international sales. The full list can be viewed at: www.fasttrack.co.uk/league-tables/international-track-200/league-table/
Founded in 1964, NCMT is the sales and service agent in the UK and Ireland for machine tools built by Makino, Japan, as well as other overseas principals.
An agreement was struck in 2006 allowing NCMT to sell Makino VIPER grinders, which it helped to develop, into the aerospace and powergen gas turbine manufacturing industries across Europe. It resulted in the company hitting export sales of £14m in the last financial year, up from £10.7 million the previous year, representing a 30 per cent increase.
More recently, NCMT has been developing procedures for grinding new, lightweight materials such as gamma titanium alumide and ceramic matrix composites and is arguably the world leader in both areas.
The company is now looking to diversify into manufacturing precision gears in small to medium quantities, for which it has written proprietary, industry leading software. It plans to deploy this not only on Makino platforms but also on machining centres and lathes produced by Okuma, another Japanese machine tool builder that it represents in the UK and Ireland only. The initiative has the potential to accelerate export business further, as well as domestic turnover.