Celebrating with expansion
Anchor Magnets, which supplies a range of printable magnetic media, is celebrating 30 years in business with a move into neighbouring premises that will enable it to expand its production and storage facilities to 30,000 sq.ft,
The additional 7,000-sq.ft facility will be used to house extrusion manufacture and cutting equipment and will also provide an extra 1,400 sq.ft of mezzanine storage space too.
Anchor Magnets has enjoyed exceptional business growth across all of its business divisions during the past year, achieving a record turnover of £3.1m for the first half of 2014, and an l0 percent increase on the previous year. In total, the company has invested £250,000 in the expansion of its machining facility and infrastructure, which has helped it to triple its sheet and extrusion conversion capacity and double its laminating facilities, while also streamlining its sales, manufacturing, purchasing and finance systems.
In response to customer demand it has also extended its working hours from 8.30am to 6pm and offers same day despatch on all orders for standard stock items placed before 4.30pm.
For further information visit: www.anchormagnets.com