Lost Wax Development Ltd

Firs Industrial Estate

Kidderminster

DY11 7QN

www.lwd.co.uk

Lost Wax Development is an investment casting company with a reputation for offering the highest standard of performance from design concept to production for any critical engineering situation. The Lost Wax Development process achieves close dimensional tolerances and can produce a wide range of alloy specifications including stainless, carbon and alloy steels, non-ferrous alloys, bronze and silver.

The brief

Lost Wax Development is a privately–owned company facing strong competition from overseas. To ensure its survival, the company decided it must diversify and approached the Advanced Engineering Cluster for help in identifying potential new markets and in developing strategies for entry.

The company also sought assistance with the development of a rapid prototype die to speed the tooling process for the production of wax patterns used in the investment casting process.

The outcome

ArtEng, a new division of Lost Wax Development, was established in 2005 to offer a unique art and sculpture casting service. ArtEng produces sculptures, statuary, artefacts and decorative ware, corporate awards and gifts in a range of metals with a variety of finishes for a growing list of clients; it is also unique in its ability to cast in stainless steel.

Additionally, working closely with the University of Wolverhampton’s Innovative Product Development Centre and using their latest direct metal laser sintering technology, Lost Wax Developments built tools for the manufacture of wax patterns directly from the computer within a three-day turnaround period to meet a client’s deadline.

Highlights

Using its core skills to diversify into the art casting market, the company has developed a niche market for itself, creating sales of £50,000 in its first year, and securing the Company Achievement 2005 Award from the Cast Metals Federation for “the company that has helped take the industry forward through innovation, expansion, new ideas and success”.

The rapid production of components, shortening the time to market for their engineering products, has given the company a competitive edge. Turnover increased by 15% in 2005 and 10% in 2006 without importing foreign castings.

Lost Wax Development is now an Approved Supplier to the Shell Oil Company and has added an international dimension to its activities by developing strategic links with international partners.

The company recently celebrated 30 years of success with a move to purpose-built, 31,000 sq. ft. premises.

(Quotation)

“The Advanced Engineering Cluster has helped us to keep our business on track, by both increasing production and developing and sustaining a steady growth plan to ensure the company’s future. Their assistance has meant we have maintained a competitive edge in a very competitive market.”

Wendy Bennett

Marketing and Sales Director