With years of experience in the marine industry under their belts, three entrepreneurs spotted a gap in the market – MonsterCAM is their new joint venture, destined for big things with a very big machine.
Terry Stubington and his business partners Nick Phelps and Peter Hill have forged a considerable reputation over the years. Marine Concepts, led by Stubington and Phelps, creates plugs and moulds for the UK’s biggest boat manufacturers, including Sunseeker, Fairline and Sealine. Similarly, Hill’s business, the Curvature Group, makes prototypes and models for the likes of Airbus, Jaguar and BAE. Their respective businesses involved a similar client base and the three men had often discussed the future of their industry.
The trio were concerned that a lot of work was going overseas. Not because of the cost of labour or materials, but because UK industry didn’t have equipment big enough to make the plugs and moulds for large boats. “We have such a great boat building tradition in the UK and it just seemed wrong that it was being outsourced to Europe,” says Terry. “Both Peter and I knew Nick, having all been involved from opposite ends of plug and mould tool manufacturing. Nick, too, was looking to the future needs of this industry sector and looking to fill an obvious gap in the market.”
Therefore, the three conceived a joint venture that would bring into operation the UK’s largest milling machine – one that could create any size and shape required by marine (and non-marine) industries to within 0.2mm, which would set them apart from any other British company. The company purchased a massive 150ft, five-axis CNC machine.
The newly created MonsterCAM is already taking orders and its founders are sure there is a need for it here in the UK. “MonsterCAM’s future isn’t tied to the marine industry,” says Stubington. “We expect to move into many other fields such as wind turbines, architecture, trains and film sets. We expect a return on investment in the next 18 months to two years. There’s certainly a demand for it.”