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PRIVACY
Manufacturing

The Mid Wales hi-tech manufacturer that's reached a two millionth product milestone

Variable frequency drive firm Invertek Drive says that sales have never been strong

(Image: © Owain Betts)

Powys-based variable frequency drives (VFD) manufacturer Invertek Drives has reached a significant milestone with the production of its two millionth drive.

The one off ‘golden drive’ was produced at the company’s 55,000 sq ft global assembly centre at Welshpool.

The milestone comes after Invertek announced record sales during 2020 and the first quarter of 2021. It follows significant continued year-on-year growth since the company was established 23 years ago.

The two millionth drive is part of an order placed by Hiflex Automatiseringstechniek BV who are Invertek’s sales partner in the Netherlands.

The business, which employs nearly 250, was acquired in a £100m deal by Japanese firm Sumitomo Heavy Industries in 2019. Around 80% of its VFDs are exported

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Shaun Dean, chief executive of Invertek Drives and senior vice president of Sumitomo Heavy Industries, said: “We’ve reached a significant milestone in our history. Nearly two million Optidrives are now operating around the world.”

“They are all creating energy and process efficiencies in motor control across a range of industries from manufacturing to marine, agriculture to water, and cranes to food and beverage,”