Engineers invest £5m in new facility
A Midlands engineering firm is doubling the size of its premises - with a £5M investment in an eco-friendly 30,000 sq ft facility.
The management team at 3P innovation gathered to cut the sod at the new development site, which will enable the Warwick firm to double in size and expand its operations in the UK and internationally.
3P innovation works with global pharmaceutical and medical device businesses to help develop new products, devices and production processes.
3P's management team and employee council were joined by builders Clowes Developments for a ground cutting ceremony to celebrates the start of a new chapter for the employee-owned company.
Paul Shanley, consultant at Clowes Developments, said: 'It is great to see an existing occupier at Tournament Fields thriving and expanding.
“We are delighted with the success 3P have experienced whilst located here and we are looking forward to helping them evolve further with their brand-new premises. ”
The new site will be a 30,000 sq ft purpose-built facility, taking the 3P premises to a combined total of 60,000 sq ft of both office and workshop space.
3P says this will allow its workforce to double in size.
Of the £5m investment, at least £350,000 will be dedicated to making the building greener.
3P 's managing director, Nick Brooks said: “This new chapter is an exciting one for us. After outgrowing our current purpose-built facility in just three years, we needed to invest in another premises to enable our continued growth.
“We are looking forward to housing more projects, recruiting more engineers and expanding on our new 3P pharma equipment and 3P custom automation brands as the business takes an exciting direction towards standard platforms, alongside our traditional custom automation expertise. ”
Pictured: 3P innovation were joined by Clowes Developments' team to cut the sod