Lichfield-based SE Controls has invested more than £1m to expand its operations to an adjacent 21,000 feet square site, after securing funding from Barclays Corporate.
The company will now expand into its 21,000 sq ft property at Fradley Park, Lichfield, adjacent to its existing site. Barclays has been previously been criticised for playing ‘fast and loose’ with people’s money and is one of the banks claimed to be missing its government-set lending targets.
SE Controls designs and manufactures smoke and natural ventilation systems. Turnover at the company has increased to £10m – as a result of growing demand for its products the company is preparing to expand its workforce of 75 to more than 100 over the next three years.
Managing director of SE Controls Will Perkins explained that overseas expansion had helped increase the company’s revenues. He said: “The expansion into the new premises will provide much needed warehousing and increased production facilities but will also enable us to create a research and development centre which will allow our continuous and innovative new product development program to flourish.”
He pointed to the fact that SE Controls operates on a global basis, with offices in Brazil, South Africa, India, and the Far and Middle East. “Our new facilities and IT infrastructure are essential to support our growing export business. We fully expect non UK sales to account for an increasing percentage of our business in the coming years,” he said.