# Arrowsmith Engineering buys CNC machine with grant

Arrowsmith Engineering, a Warwickshire aerospace supplier, purchased a new CNC machine tool with a £8,400 grant from the Coventry and Warwickshire Investment Fund and a £76,000 contribution from the business, to fulfill orders for Rolls-Royce, Meggitt and Incora.

- Type: Investment
- Announced: 2023-03-22
- Where: Exhall, Warwickshire, United Kingdom
- Value: $104K (84400.00 GBP)
- Status: completed
- Products: bespoke precision components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Arrowsmith Engineering](https://endata.com/companies/44568.md)

## Sources

- [machinery.co.uk](https://www.machinery.co.uk/content/news/warwickshire-aerospace-supplier-buys-state-of-the-art-machine-tool-to-fulfil-its-orders), 2023-03-22: "The CNC machine makes us more cost effective because it can be linked to our automated cobots and is therefore assisting Arrowsmith to achieve our digitisation and automation plans."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.