finance
Sheffield Castings Technology Invests £18m to Expand Titanium Foundry
The Sheffield company is upgrading its Tinsley Industrial Estate site to process larger components for aerospace, energy and defence customers.
How we reported this
Castings Technology is investing 18 million pounds in a facility at Tinsley Industrial Estate in Sheffield. The move installs new vacuum arc remelting and vacuum heat treatment furnaces that will rank among the largest in Europe and positions the company to handle large titanium components previously sent elsewhere for processing.
Company Expansion at Tinsley Industrial Estate
The 196,000 sq ft facility at Tinsley Industrial Estate received a multi-million pound refurbishment by the landlord before occupation. Castings Technology supplies titanium castings to the aerospace, energy and defence sectors. The new furnaces allow on-site work that previously required external subcontractors, strengthening the firm’s ability to meet customer requirements directly from Sheffield.
Jobs and Supply Chain Impact
The 18 million pound investment is creating 20 new jobs at the company plus additional roles in its regional supply chain. This expansion builds on the company’s existing operations and supports continued production of titanium castings for industries that rely on high-specification components.
Why the Upgrade Matters
By bringing vacuum arc remelting and vacuum heat treatment in-house at the refurbished Tinsley site, Castings Technology reduces reliance on outside processing. The scale of the new furnaces supports larger titanium parts while maintaining the quality standards demanded by aerospace, energy and defence customers.
The investment reflects the company’s focus on advanced manufacturing capabilities within Sheffield. Local supply chain activity is expected to increase alongside the 20 new positions created directly by the project.
Next Steps for the Business
Castings Technology will occupy the upgraded facility and begin operating the new furnaces. The changes position the firm to manage more of its titanium casting workflow on site at Tinsley Industrial Estate, supporting ongoing work for its established customer base in aerospace, energy and defence.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.