New site, plant and staff for Holbourne Plastics
By Anthony Clark
Posted 20 September 2012
Holbourne Industrial Plastics has relocated its operation to Aldridge, near Walsall, a move that sees the firm collocated with British Micanizing, a company it acquired a year ago.
The two firms – from Cannock and Birmingham – will finally start to see the benefits of the merger, according to Holbourne chairman Ken Argent. “We own the new site while we were renting our two previous locations. The saving made by moving in together more than covers the mortgage on the new premises.”
The saving will also enable the company to invest in new machinery and there are also plans to hire two additional members of staff. This, according to Argent, is part of an “ongoing investment”.
“Last year was out best year ever – we turned over £1.3m,” he added. “We’ve made a profit ever year we’ve been in existence and I’m cautiously optimistic about the coming 12 months.”
Established in 1992, Holbourne Industrial Plastics supplies engineering plastics, electrical insulation and flexible gasket materials to a range of sectors including manufacturing, defence and transport.
The relocation was made with the help of a £200,000 finance package from Yorkshire Bank's Stafford-based Business Banking Centre.
Comment on this article.
[ Back ]