Building products manufacturer, Quantum Profile Systems has bought its premises in Oldham with a funding package from Lloyds Bank and the North West Fund.
The seven-figure investment will increase capacity to meet a boost in customer demand.
Director Clive Bowen said: “Adopting lean manufacturing principles has contributed significantly to the business’ growth over the past five years, improving productivity, minimising inventories and creating value for the customer.
“As the business grew the board of directors recognised that we would need larger premises for additional equipment to help cope with the increase in demand.
“By purchasing our current premises we not only avoid the complications often involved with relocating, but we can build an extension best suited to our business requirements, expand our production capacity and explore further growth opportunities including new products and exporting.”