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Nuaire’s growth strategy continues with purchase of new site
Indoor air quality and ventilation manufacturing specialist, Nuaire, has signalled confidence in its future growth by announcing the acquisition of a new manufacturing site.
Adjacent to Nuaire’s current premises on Western Industrial Estate in Caerphilly, the purchase will add new scale and capabilities, enabling the business to double its current manufacturing capacity.
Wayne Glover, managing director of Nuaire, said: “Although 2020 has been a tough year for our industry, we haven’t shied away from investment into new product development, our people, the latest technology or our manufacturing facilities. By taking a long-term approach to investment we have created a solid foundation on which to build our future.”
Wayne continued: “The purchase of our new premises is a significant investment for the company. The additional capacity allows for a more agile approach when meeting customer needs and supports the ever-increasing demand for faster build times and delivery.
“By making such a significant investment at a time of such uncertainty, we are not only demonstrating our confidence in Nuaire’s future growth, but we are taking a big step forward in consolidating our position as a market leader within the ventilation industry. We were fast outgrowing our current site, and we hope our continued success will lead to increased job creation and opportunities in the near future.”
In 2021, Nuaire will celebrate its 50th anniversary of operating in Caerphilly. The firm currently employs over 500 people and is continuing to look for additional acquisition opportunities in 2021.