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Thermwood

Production Glassfibre Purchases Armfibre

27 April 2007

Production Glassfibre has completed the purchase of Armfibre , the UK manufacturer of glassfibre components for the water sewage treatment industry.

Production Glassfibre already has bases in Scotland (Fife) and the North of England (Lancashire) and has long been expected to establish a manufacturing facility in the South. During May of this year, the new business will be relocated to a state of the art 3,000sqm factory in Bedford giving Production Glassfibre a total manufacturing capacity in excess of 12,000 sqm, 250+ employees and a projected annual turnover of £12m.

Gavin Brown, General Manager, said “We look forward to growing the business as part of a bigger company, both in our traditional sectors and in the areas where Production Glassfibre have outstanding expertise such as vehicle components, construction and the house building industry”

Steven Grossi, Group Managing Director said “This is a significant development in our growth strategy, giving us a facility with proven expertise, located in an area where there is huge opportunity for a competent, customer aware general moulder, as well as establishing us as the leader of the SWT sector.” “Moving the business to a new factory shows our intentions to invest, and the expansion of our Lancashire facility evidences our believe that the business can continue to grow”

Asked why he believes Production Glassfibre has been such a success in an industry short of good news stories, Steve said “We stick to the basics; we focus intently on what’s needed to deliver the best mix of quality, value and service, and we employ good people in the best of facilities-seems simple but our competitors often miss it!”






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