Limited, one of the UK's leading composite and polymer development
and manufacturing companies, committed to over £1.5 million of
investment in it’s future during 2016.
This included a
major investment in replacing and upgrading the company's process
heating system. The new system is significantly more efficient than
the legacy boilers previously used and will result an estimated
annual reduction in CO2
emissions of 400 tonnes, while also bringing additional process
capability to support future product developments. Upgrading the
factory lighting to energy-efficient LEDs will also result in a
further 27 tonne reduction in CO2
The company has
also installed a new manufacturing line for it's Tuftane®
thermoplastic polyurethane (TPU) film business unit. This new line
will increase production capacity by 50% and also broaden the
company's range of products and capabilities. The
selection of the specialist machinery took 6 months, examining
options from potential suppliers all over the world, and once
selected the machinery took a further 6 months to design, build and
has a wide range of applications across the medical, automotive and
personal protection markets, amongst others.
investment in the factory and production capability is in addition to
a continued investment in Research & Development to develop new
products, with the company re-investing over 6% of turnover in new
product development (significantly higher than the UK average).
Director, Mr Colin MacAdam, said “This
investment positions the company for major growth in the coming
years, and will support some major new contracts that the company has
won this year in a very competitive environment. It will also help
us bring to market some exciting new product developments”.
Limited (Gloucester, UK) is an independent R&D focussed company
specialising in the development and manufacture of niche composite
and polymer products for a range of markets including the aerospace,
defence, medical and motor-sport industries. Tuftane is a registered
trademark of Permali Gloucester Ltd.
Press release distributed by Pressat on behalf of Permali Gloucester Limited, on Monday 25 July, 2016. For more information subscribe and follow https://pressat.co.uk/