A UK manufacturing company founded more than 60 years ago has entered administration. Compact Orbital Gears Limited, which was founded in 1964, operates as a highly specialised engineering firm. The business designs, manufactures, and supplies a comprehensive range of gearboxes and test rigs. Gearboxes are components of a machine that control speed and power, while test rigs are custom machines used to test how well other equipment performs before it is used in the real world.
While its primary focus includes the demanding automotive and aerospace sectors, the company has also historically supplied components for complex industrial applications and the growing wind turbine market.
According to The Gazette, Andrew Turpin and Matthew…