Continued investment plan pays dividends for HCD

In the last two years, HCD has taken time to completely revamp its Letchworth site, adding a mezzanine floor to almost double the available space. It has added a second Europlacer surface mount line and other state of the art equipment including AOI. The company has further broadened its range of capabilities, having bought the order book of a local cable assembly house, and now also offers full box-build services. This has demanded an increase in workforce, and the company now numbers 26.

Explains commercial director and co-founder, Carol Holmes: “As long as you manage the business well, CEMs such as ourselves can do well in both recessionary and growth periods. When companies see business drop, they need to cut direct costs, yet still be responsive. As the economic climate brightens, they must react very quickly as demand can be immediate and unpredictable. By having a very flexible, well-trained and experienced workforce, state of the art equipment and a ‘can do’ attitude we have been able to respond to our customers’ needs, providing even more services to them than ever before. So by investing prudently, we withstood the downturn and are now growing steadily with our customers.”