Black Country Growth Report 2019 – Manufacturing
Neil Geoghegan admits he gets nervous when red lights linger on his shop floor data capture system. Most of the time the lights are green, meaning the metal presses at Kingswinford based Clamason Industries are churning out components for automotive, industrial and medical markets. An orange light means the press needs routine maintenance. But red means the press has stopped. And Geoghegan, Clamason’s CEO, can’t afford for that to happen too long. In 2016, Geoghegan led a management buyout from Clamason’s family ownership group, supported with funding from Santander Bank and private equity advisors Connection Capital. Two years of solid growth and investment in key pieces of equipment followed.