Thursday, October 16, 2014

News: Pyronix expansion continues in Rotherham

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Award-winning security experts, Pyronix, is continuing its expansion in Rotherham by acquiring a further 18,000 sq ft of space.

Based in Hellaby, Pyronix is an award-winning manufacturer with an extensive range of electronic security equipment for intruder alarms. It recently secured the backing of Barclays bank and the Sheffield City Region's Regional Growth Fund (RGF) programme to expand its manufacturing capability.

The firm has recently acquired Interchange Industrial Estate, close to its headquarters, from St Modwen for an undisclosed sum. The property comprises two detached industrial units totalling more than 38,500 sq ft and Pyronix will expand its existing operation in Hellaby in to one of the units while the other unit continues to be occupied by Transglobal Freight Management.

The Interchange Industrial Estate units were formally occupied by UK Mail Group PLC and Riso and were acquired by St Modwen in 2011.

Rob Richardson, asset and development manager at St Modwen, said: "On first meeting Pyronix to discuss their need for additional space we soon identified their desire to purchase their own property and to remain in the area.

"We were originally marketing the vacant unit to lease but worked closely with Pyronix to facilitate the sale of the entire site and thus support the growth of this successful company in Rotherham."

Julie Kenny CBE DL, chair and chief executive at Pyronix, added: "We chose to acquire Interchange Industrial Estate due to the site's excellent location and high quality offer. St Modwen's flexible and straightforward approach has ensured a smooth transaction from start to finish and we look forward to expanding our business in Hellaby."

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The Rotherham site is also being extended with plans submitted in March for a 14,500 sq ft extension, providing a clean, modern space for electronics manufacturing as well as improving and extending existing office, product testing and Research & Development facilities. Additional space for assembly and fabrication was identified to meet future demands and more of the high end manufacturing is being brought back from China.

Employing 155 staff in the manufacture, sales, production and distribution of high quality security alarms, and with turnover expected to be over £22m this year, the firm exports to over 70 countries worldwide.

Pyronix website

Images: Knight Frank

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