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Manufacturer invests £3m in new machinery

Date added: 19/10/2017





A Wrexham-headquartered manufacturer has invested £3m in new machinery, supported by Lloyds Bank Commercial Banking.

Tritech Group manufactures parts and components for use in the aerospace and defence sector worldwide.

As part of the expansion of its Wrexham site, the company has bought a new vacuum melting furnace, with support of an asset finance facility from Lloyds Bank.

The new equipment is set to boost production by 21 per cent over the next two years.

The investment follows a significant period of expansion for Tritech, which has grown organically and secured a number of new contracts with the like of Boeing.

Andy Cheers, business development manager at Tritech Group, said: "We work closely with companies that are constantly innovating and requiring more advanced products to suit their needs.

"We needed to invest in new machinery, which will provide us with the capabilities to create new products and speed up our manufacturing process."

Tritech Group was founded in 1982 and now employs 430 people at its seven sites across the UK.

Read more at insidermedia.com




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