By purchasing this facility Pentagon Plastics are increasing its square foot of operational space to over 25,000 square foot. This £750,000 investment is reportedly self-funded through working capital.
Managing director, Paul Edwards stated: “This has been a long-term goal and marks the start of another exciting period within the organisation.
“Cultivating a measured plan of investment for the two facilities we will deliver additional capacity for our plastic injection moulding and toolmaking services, allowing us to grow as a medium size employer within the local area.
“We strive to deliver customer satisfaction, be a proactive member of the supply chain and enhance our business services to the benefit of our customers.”
This news follows a successful year for the company with a major rebrand, receiving the Investment in Young People Award and being named as a finalist in the Manufacturing Business of the Year Award for the Gatwick Diamond Business area
Resource: https://www.medicalplasticsnews.com/news/pentagon-plastics-announces-expansion/
