Substantial growth for Nautech
It is just coming up to two years since Nautech experienced an unforeseen event which resulted in a substantial loss of business. Through no fault of the company the business lost revenue amounting to around 35% of annual turnover. Once the dust had settled Nautech set about re-inventing itself to transform its business in to becoming New Zealand’s leading contract manufacturer of electronic and electro mechanical assemblies through the adoption of lean manufacturing principles combined with investment in advanced manufacturing technology in the form of robotics and automation. The strategy has paid off and in the intervening period the company has grown substantially, winning new customers both at home and overseas. Today this transformation continues, to date this year Nautech has invested in robotic manufacturing, automated optical inspection and the most recent purchase is a turnkey X-ray inspection system that has been necessitated by the increasing use of “Ball Grid Arrays” BGA’s “Quad Flat No-lead” QFN’s and a range of similar components that are difficult if not impossible to inspect using conventional technology. Investment in both technology and people is set to continue, combined with innovation, it is the way the business differentiates itself from competitors both at home and overseas. Nautech’s core business is supplying electronic and electro mechanical assemblies to some of New Zealand’s leading technology exporters. It is well documented that the only way to grow a manufacturing business in New Zealand is through developing export markets. The competitive advantage gained through investment means that Nautech is now able to sell its services further afield. Over recent months Nautech as successfully competed for business in Australia and is now actively looking at other geographic markets. R & D features heavily in Nautch’s strategy, in terms of both process and production innovation and offering the capability to develop […]