Metelec - Restructuring for Growth
We share with you the news of the progressive moves we have made to our business in the first Quarter of 2021.
We have reshaped the business footprint by:
Taking the difficult decision to close the Leighton Buzzard warehouse where demand has been progressively reducing. We wish our colleagues in Leighton Buzzard well after completing the difficult process in consultation over the past weeks, and we will continue to stay in close touch over the next 12 weeks as we wind down the operation.
Establishing a new facility in the Republic of Ireland where we have seen significant growth for our products
In addition, We are pleased to announce significant investment in new manufacturing facilities at our site in Walsall aimed at increasing our component offering and improved productivity, all backed up by the widest range of Copper Bar stock in the UK.
We see these developments as a key platform for growth as we eye significant market opportunities in the areas of data storage, electrification across a range of sectors and sustainable power infrastructure development.
Please refer to the following link for further information.