Astec Precision has appointed Craig Hyslop as Managing Director with immediate effect.

Formerly owner and Managing Director at Hyspec Engineering, Craig has more than 26 years experience in machining and precision engineering serving a wide variety of industries.

He said: “I’m delighted to have joined such a strong business with a first-class team and customer base. The immediate future will see us focus on increasing production capacity, and recruiting for growth, and I look forward to continuing to drive the business forward whilst delivering the high standards of service our customers have come to expect from Astec throughout the past 19 years.”

Ian Buchan, Board Director at Astec Precision, said: “We’re delighted to welcome Craig to the helm. His experience of growing and scaling a machining business is ideally suited to Astec and we look forward to seeing the business evolve under his management.”

Craig replaces Peter Smith who recently resigned from his role as Managing Director to care for his ill fiancée. Peter will remain available as a consultant to the business and retains an investment in the company.