James Briggs plots expansion with RGF cash

NORTH West chemicals manufacturer James Briggs has secured Regional Growth Fund backing for a £5.5m investment plan that will see it create 50 jobs over the next three years.

The Government-backed RGF is contributing £2.5m which will help it enhance IT systems, improve production automation, add new labelling technology, upgrade infrastructure and establish a new marketing and development centre.

The money has come from the RGF via a fund administered by the Greater Manchester Combined Authority (GMCA).

The Oldham business employs nearly 200 staff on two manufacturing sites in Royton and Chadderton and has annual revenues of £50m. It was acquired from US-based ITW by investment firm Endless in June.

It designs, formulates and manufactures products including paints, lubricants, cleaning fluids and polishes for automotive, industrial, hygiene and other sectors. James Briggs brands include Hycote, Nilco, Autotek, Add-It and Antiquax.

Chairman Jim Sumner said: “This is a truly exciting time at James Briggs. We see a great opportunity to grow the business in both UK and international markets, which is excellent news for our customers, employees and suppliers. I would like to thank GMCA for their support and both Michael Meacher MP and Leader of Oldham Council, Jim McMahon, for their guidance during the bid process.”

Finance director Simon Tuley said: “Our growth plans over the next three years will not only ensure job security for current employees but allow us to expand, creating up to 50 new jobs. The funding through GMCA is great news for both James Briggs and our local suppliers.”

Business secretary Vince Cable said: “The Regional Growth Fund will help the business to expand and create valuable employment.”