World’s biggest gas cylinder maker creates 10 jobs in Nottingham
A Nottingham company, which is the world’s largest manufacturer of aluminium and composite gas cylinders, is investing £500,000 into its East Midlands site, as it celebrates over 120 years of trading.
Luxfer Gas Cylinders will soon be expanding its base on Colwick Industrial Estate; which currently employs more than 200 people. The investment will create ten more jobs.
The cash injection will boost Luxfer’s alternative fuel team, which has increased its production over the past 12 months of bespoke CNG and hydrogen-power systems for buses and other types of commercial vehicles.
The company has six sites around the globe including Nottingham; Graham, North Carolina; Riverside, California; Gerzat, France; Shanghai, China; and Calgary, Canada. Luxfer is also involved in joint ventures in Oklahoma, USA and Delhi, India.
It specialises in creating high-pressure aluminium and composite gas cylinders, which are used in all walks of life – including for medical life support, and by firefighters as extinguishers and Self-Contained Breathing Apparatus (SCBA). Luxfer cylinders are also used in the aerospace and beverage industries; with the Nottingham base manufacturing up to one million cylinders each year.
Luxfer Holdings, which includes Luxfer Gas Cylinders, is listed on the New York Stock Exchange and has seen increased demand across its various industries; with a reported revenue of $441.3 million for 2017; a $26.5 million increase from the previous year.
David Sparkes, operations director at Luxfer Gas Cylinders, said: “Luxfer is proud to have over 120 years of history and heritage in the industry, and part of that huge success is having quality and innovation at the very heart of what we do.
“The £500,000 investment into our Nottingham site will help drive the business forward, allowing us to respond to increasing demand in industries such as alternative fuel, which is a significant growth market given the global focus on reducing emissions. Luxfer is seen to be crucial partner with companies developing this this emerging technology.”