Aerospace and defence supplier, Polymeric Composites, has invested £2.1 million in a new facility in their hometown of Clevedon, North Somerset.
Polymeric Composites, part of the Ipeco Holdings Group, are involved in the design and manufacture of components and bonded structures using fibre reinforced composite and metallic materials.
The new premises will increase production space by more than 50 per cent with the building work due for completion during August 2004. The move of plant and equipment will be finalised at the end of this year.
Martin Want, Director and General Manager said “We have had a very good last five years and have seen growth not only in activity with our current customers but with the development of a new customer base. This site was the only one in the area that could accommodate our expansion plans and the investment by our parent company has demonstrated a huge level of confidence, not only in our skilled workforce but in the composite industry as a whole.”
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