Turnover was up 35% last year, compared with what had also been a successful 2011, the company said.
"Whilst our TCT and HSS circular and bandsaw blade grinding machines have been performing well in the wood making industry, it is the remarkable increase in demand for PCD cutting tools in the metal cutting sector that has been a major contributor to our growth." said managing director Peter Allen.
"As the market leading supplier of erosion and polishing machines for processing PCD tooling, more and more cutting tool manufacturers have turned to us for solutions."
The German-owned company has added two service engineers and an apprentice to its staff at the UK site in Nottingham, where it is about to start a three-month refurbishment project which includes inceasing the size of the stock room and creating more workspace.
"The opening up of our office space will increase our floor space while the investment in our facility demonstrates our commitment to the UK market." Mr Allen said.
