Sub-Contract Precision Engineering company formed in 1992 with a range of Brown & Sharpe Single Spindle Cam-Auto Machines producing components primarily in brass.
In those early days of growing the business the significant clients include Manufacturers of Brake Systems for Road Trailers; The Rail Industry; Sport & Leisure Industry (Snooker Cue Connectors); Plastic Injection Moulding (Threaded Inserts); Heating & Ventilation.
1992 – 2002
The business grows steadily throughout the nineties providing precision machined components to wide variety of industries. However during this period there is one client from the domestic boiler industry, starting with just one part in small volumes, that becomes a major client and by 2002 is taking a range of over 60 different bespoke parts in annual volumes from a few thousand to over half a million.
The effect of this enhances the company’s reputation resulting in more major UK boiler manufacturers choosing Chartway as their preferred supplier for bespoke turned parts.
2002 – To date
Through the first eighteen months of the new millennium the company start to see a significant change in purchasing trends brought about by competition from China. More and more clients are looking to source from there and this is beginning to slow the company’s growth.
In response Chartway locate a source of supply in China and by the end of 2002 has established a trading partnership called Chartway (Asia) Ltd, producing hot forged and machined components for the UK and European market.
During the next two years over 60% of the brass components made at the UK factory on the cam-auto machines are moved to China. The cam-autos are replaced by modern CNC Sliding Head machines allowing Chartway to offer both fine-limit bar turned components from the UK, as well as hot forged & machined parts from the Far East.
The result has been the rapid expansion of the Chartway customer base into mainland Europe through Eire, Germany, Holland, Portugal, Turkey, Bulgaria and Romania. Offering clients a range of products and services of the highest quality at competitive prices.