Automotive Drives Precision Micro’s Growth

Automotive Drives Precision Micro’s Growth

The overarching objective of car manufacturers the world over is make increasingly clean and increasingly fuel-efficient vehicles. As such, the demand for Gasoline Direct Injection (GDi) systems is growing, as GDi systems dramatically reduce CO2 emissions.

 

The growth in the GDi market is staggering. In 2008 it was estimated that about 2% of cars built incorporated this technology, but recent predictions suggest that by 2020, 25% will include GDi systems as standard. This is great news for Precision Micro, the Birmingham-based photo-etching specialist, which supplies photo-etched flexures used in GDis systems and this is stimulating major growth in the company.

 

Precision Micro — acquired by world’s leading engineering group Meggitt PLC in 2012 — has been making major inroads into the automotive market in recent years with its photo-etched flexures. Today, it supplies flat springs to three of the five key global GDi manufacturers, and has made a five year agreement with Continental to supply it with flexures. It is currently producing more than 1,000,000 GDi flexures each month, and sends them all over the world to places including China, South America and the United States.

Automotive Drives Precision Micro’s Growth

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