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Sewtec announces multi-million-pound relocation
Industrial automation specialist Sewtec is relocating to a new 75,000 sq ft facility in Wakefield, more than double the size of its current site in Dewsbury, as the business continues to implement its transformation strategy.
The company has signed a 15-year agreement to lease an existing building in Silkwood Park, close to junction 40 of the M1.
As part of the plans, a multi-million-pound investment will see Sewtec develop a state-of-the-art design and manufacturing facility which is expected to be operational by March 2020. All 130 employees will relocate and the business estimates that more than 70 new jobs will be created in the next three years.
This July, Sewtec announced its turnover had more than doubled to a record £28m with EBITDA of £9m, in the year to 30 June 2019. The company is now aiming to deliver a turnover of £50m by 2023.
Sewtec’s rapid growth follows a successful management buyout in August 2017, which was backed by Leeds-headquartered private equity firm Endless.
Mark Cook, managing director at Sewtec, said: “This is an excellent, modern facility which will transform how Sewtec operates and help us further realise our potential.
“Client demand for our bespoke automation machinery continues to grow at pace and in many global markets. The investment will provide us with space to meet this demand and increase our manufacturing capability.
“It will also enable us to attract and retain more highly skilled engineers, as well as benefiting the local community through apprenticeships, supplier networks and our school outreach programme. This is an exciting time for Sewtec and we will enter 2020 with the momentum required to achieve our 2023 growth target.”
The new facility will include modern R&D and office spaces, with breakout areas to further enhance innovation and problem-solving. Plans also include new production and quality control offices plus a significant increase in the assembly area, machine shop, fabrication bays and stores.
The building and planned enhancements will maintain Sewtec’s commitment to sustainability and minimising the company’s environmental footprint.
Sewtec designs, manufactures, installs and commissions complex industrial automation systems for global blue-chip clients in the pharmaceutical, personal care, pet care, food and beverage and tobacco industries. More than 85 per cent of the company’s sales are exports. Sewtec’s clients include Nestlé, Procter & Gamble, Imperial Tobacco, Tata Global Beverages and Hershey.