UK Shadow Chancellor visits TMD Technologies
TMD Technologies Ltd (TMD), was delighted to welcome local MP and Shadow Chancellor John McDonnell to its premises in Hayes on 27 July 2016, to discuss the company's new product innovations to boost local employment and overseas trade.
TMD is a forward looking, high-tech SME (small medium enterprise) in the microwave and RF industry, with some 200 employees and an annual turnover of £25 million. It has been at its current location in Hayes since 1995 and has an interesting history going back to EMI Electronics' radar developments during WWII.
At the meeting TMD gave a presentation describing its latest technical product innovations, its recent surge in trade performance demonstrated by several large new orders (the most recent for £5M), and a video showing the context of TMD's products in life saving search and rescue radar missions in the USA.
We also talked about our recent investment in solar panels. TMD's Managing Director, Dave Brown commented: "TMD is a market leader and we felt the need to broaden this to our environmental impact. The solar panel project has delivered both substantial financial and environmental benefits, reducing our carbon footprint by an impressive 217 tonnes of CO2 per annum".
In addition TMD has been investing in new plant and equipment including a micro-focus X-ray machine for engineering diagnostics, and has increased spending on Research and Development by 16% since last year, to over 10% of turnover.
Jane McAlister, TMD's Sales & Business Development Director comments "As well as developing our core product range we are looking further afield into entirely new areas including Big Science". Richard Patrick, Business Development Manager continues "this includes very exciting areas such as quantum technology and novel atomic clocks, which have the potential to hugely expand our business".
Last but not least, for the past two years TMD has been involved with the prestigious Sharing in Growth (SiG) innovative government funded programme - introduced to raise the competitive capability of manufacturing suppliers in the UK aerospace industry and boost overseas trade.
John McDonnell said "It's great to return to TMD and see the business doing so well; continuing to make a big contribution to the UK manufacturing industry and UK exports. It's very important that government continues to provide the appropriate support to allow innovative SMEs such as TMD to flourish".
Left to Right: Richard Patrick, Business Development Manager, TMD; John McDonnell, MP for Hayes & Harlington & Shadow Chancellor; Jane McAlister, Sales & Business Development Director, TMD and Dave Brown, Managing Director, TMD
