Perkins Engines to Create Crankshaft Manufacturing Facility

The crankshaft, sometimes just casually called a
crank, is an integral part of the engine, translating reciprocating
linear piston motion into rotation (that’s a fancy way of saying it’s the
rotating shaft that keeps the pistons pumping).

Perkins Engines understands the value of a quality crank to
power its pistons, which is why the company is investing $59 million in creating
a world-class, global crankshaft machining center at its headquarters in
Peterborough, United Kingdom

“This is excellent news for Perkins,” said Perkins president
Hans Haefeli. “What a great way to begin celebrating our 75th year. This
commitment and investment will ensure a stronger future for employees and
continue to build on our entrepreneurial heritage as an innovative diesel engine
manufacturer.”

In addition to the Peterborough plant, Perkins has an engine
manufacturing facility in Griffin, Ga., and one in Curitiba, Brazil. The
Peterborough crankshaft facility begins production in 2008 and will produce over
250,000 crankshafts a year when at full capacity.

“We are developing a facility that will give our customers the
best delivered quality yet and will achieve a flexible world class solution that
will be the industry benchmark for crankshaft technology and automation in the
world,” Haefeli added.

There are also significant safety and environmental benefits
to the new facility. For example, the complete elimination of the heat treatment
process will decrease energy consumption. Using leading-edge technology, the
facility will deliver higher speed processes, while extending tooling life.
Smart supply chain performance will also deliver lower freight costs.

This year, Perkins is celebrating its 75 years in the
business. Founded in 1932 by Frank Perkins, an entrepreneurial businessman, the
company has been producing world leading products ever since.