Penny Hydraulics opens new £2 million manufacturing plant in Derbyshire
Family-owned lifting equipment manufacturer Penny Hydraulics Ltd. has opened a new £2 million manufacturing facility in Clowne, Derbyshire. British banker and former chairman of Barclays bank, Sir David Walker opened the new plant following completion of the 18-month project.
The construction project, which has just been completed at the Penny Hydraulics site, on Station Road in Clowne, includes a new warehousing facility to allow increased levels of stock, a new production facility to allow increased turnover of products and a new office building to offer space to expand the company’s design, sales and marketing functions and improve customer perception and experience.
In addition to the construction of new buildings, a series of ‘green’ improvements to existing facilities were carried out, including; the installation of a new compressor, LED lights, solar panels, new computers and screens, the implementation of waste management controls, and solvent recycling. These improvements allowed Penny Hydraulics to build on their effective environmental management system in accordance with the latest environmental standard ISO 14001:2015.
“The £2 million investment in our site will support our future growth and therefore makes commercial sense in the long-term,” said Robin Penny, managing director of Penny Hydraulics Ltd. “Importantly, many improvements that we’ve made will mean that our operation will make much less of an environmental impact too.”
The expansion will mean new job opportunities for the Derbyshire region – mechanical engineers, administrators, welders and fabricators will be appointed. Two new apprenticeship places have already been awarded to aspiring mechanical engineers through the Advanced Manufacturing Research Centre, Sheffield.
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