The multi-million pound investment, one of the largest industrial deals to take place in Wales this decade, follows three years of substantial business growth in the UK market.
The new 350,000sq ft facility will increase assembly and production capacity, enabling AluK to meet the growing demands of its customers efficiently and effectively. The decision to move premises and acquire this larger site was essential to the continued expansion of the business and demonstrates AluK’s commitment to the UK market.
Russell Yates, Managing Director, AluK, comments: Over the past three years we have significantly expanded our business and have outgrown our current facilities in Newport. We are pleased to confirm that we have been able to acquire new facilities in South Wales, and are planning to move to the new premises in the first quarter of 2017.
Recent investment in the business has included the opening of a London Design Studio to bring AluK’s products closer to its customers, whilst also providing a space for industry discussion and debate. Continuing this investment in the UK, the new South Wales Headquarters will include R&D, training and state-of-the-art manufacturing facilities, as well as warehousing, offices and a showroom displaying the complete range of AluK systems.
Russell continues: The new site provides us with a fantastic platform for delivering continued innovation and exceptional product design, which will result in the launch of a range of new products to the Commercial and Trade & Residential markets early next year. To support these introductions, and our future business strategy, we have restructured our business, which is now split into two divisions to focus and specialise on each of the market sectors.
The relocation to new premises marks the next stage in AluK’s growth and business expansion strategy. It presents the company with an opportunity to bring new and innovative ideas to both their direct and indirect customers, as well as provide expertise and support to the industry.