Manufacturer set for growth following investment

A manufacturer, whose products can be found in more than 50 million homes across the world, is set for a period of sustainable growth after buying its rented premises and factory outright.

The premises on Alan Ramsbottom Way were purpose-built for Metflex in 2010 by a joint venture between Barnfield Construction and Hyndburn Borough Council. The manufacturer moved in as a rent-paying occupier but, after a period of growth, has decided to buy the property outright.

Metflex employs around 80 people, rising to 110 with temporary staff during seasonal peaks. Around 70 per cent of its revenues are generated from overseas sales.

He said: "Most people want the security of owning their own home, and businesses are no different. We've enjoyed our new home since we relocated in 2010 and felt that, following a strong period for our business, we wanted to invest in our bricks and mortar to provide us with a solid foundation from which to grow further. We also felt it important to commit the business to the East Lancashire community which is known across the world for its specialist manufacturing credentials.