Wednesday, July 29, 2015

News: Pyronix launch new Rotherham facility

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Rotherham success story, Pyronix has announced the launch of its new facility which has given it the capacity to triple manufacturing operations.

Based in Hellaby, Pyronix is an award-winning manufacturer with an extensive range of electronic security equipment for intruder alarms. Over the past two decades the company has moved from being a single detector manufacturer to one of the world's leading providers of security equipment.

Having secured the backing of Barclays bank and the Sheffield City Region's Regional Growth Fund (RGF) programme to expand, the firm 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.

Julie Kenny CBE DL, chair and chief executive at Pyronix, said: "We purchased the new site last year and have now completed the development of our second site at Lowton Way, Rotherham which has provided an additional 19,000 sq ft factory space. We now have the capacity to triple our manufacturing operations and have commenced production in Rotherham of products which we previously contracted out to the Far East.

"The new facility also provides the business with flexibility for further expansion in the future to support the very positive sales growth we've seen in recent times. We've managed to buck the trend and have been growing organically in the UK as well as exporting globally.

"With low interest rates we decided the time was right for this planned expansion. Barclays funding, together with a Regional Growth Fund grant have enabled us to us to increase our manufacturing facilities and capability. It's great working with a bank that understands our business and can provide a holistic solution for both our operations and future ambitions."

Matthew Chenery, relationship director at Barclays, added: "We've been supporting Julie and her business for many years, and through our funding support, and the tireless work of Julie and her team, it is great to see such a fantastic new manufacturing facility open in Rotherham. Pyronix is a superb business that is crafting innovative products for the worldwide market and the management's ambitious growth plans are testament to their success."

Pyronix employs 155 staff across South Yorkshire with an additional 40 at the new site. Turnover this year is expected to be over £23m. The firm sells around £11m worth of products to the UK market and new export markets such as Italy, Russia and Poland have been identified, where the aim is to replicate the sales success. The firm already exports to over 70 countries worldwide.

The company also continues to invest in research and development and the PyronixCloud is the latest technological innovation. Utilising the latest advances in IP technology, the system and HomeControl+ App enables the remote control of the home security system from anywhere in the world.

Pyronix website
Barclays website

Images: Barclays

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