Sarclad, the world leading manufacturer of specialist metal production technology, is planning to double its capacity by relocating from Chesterfield to South Yorkshire’s Advanced Manufacturing Park.
The Sheepbridge business, whose customers include leading steel makers and suppliers of steel manufacturing and processing equipment, is investing £1.6 million in moving to a 13,000 sq ft manufacturing base on the Evolution Advanced Manufacturing Park development.
The move follows Sarclad’s success in boosting turnover to £10 million last year after securing a series of contract wins from metals manufacturers across Europe, the Far East and the Americas.
The company expects to grow turnover by more than 50 per cent in 2012.
Managing director Keith Shillam said: “We have great ambitions to grow and enter new markets with our strong reputation and client base.
“We have seen a massive increase in demand over the past few years and we needed a much larger facility to allow for future expansion. We now have the platform from which to leap forward and grow organically but also by acquisition if appropriate. We are excited about what we see as a massively positive development in Sarclad’s 35 year history
Sarclad currently employs 65 staff and hopes to grow staff numbers after its new headquarters becomes fully operational next month.
Paul Houghton, partner at the Sheffield office of the firm’s auditors and advisers, Grant Thornton, said: “Sarclad is a great manufacturing success story and is exactly the type of business that can help the region’s economy to grow and recover.
“Keith has led a transformation of the business with a brand new management team over the past few months.
“With a first rate reputation within its markets and a strong pipeline of international orders, we expect to see Sarclad grow at its new base and fly the flag throughout the world for this region’s manufacturing expertise.
“The newly announced Enterprise Zone is the perfect location for this type of growing high tech manufacturing employer.”