£110m turnover fire protection firm to redevelop six acre site for new HQ

A national company based in Oswestry is to build new headquarters in the town through the redevelopment of a six acre site.

Aico is currently located on the Mile End Business Park and has plans to transform a barren site near the Maesbury Road Junction into its new state-of-the-art three storey UK headquarters.

The company has worked with James Evans and his team at Halls Commercial to secure the site and they continue to work together as the development progresses.

The company has spent more than 20 years at its present site and says the move is necessary to meet the increasing demand for business.

Aico is an Ei company and specialises in fire and carbon monoxide alarms, domestic fire and CO protection.

Neal Hooper, managing director of Aico, said the company had seen a £110m turnover this year and was now targeting £150m in 2019.

“After being at our current premises for over 20 years and having undergone two extensions to our Centre of Excellence, we have outgrown our current space.

“We are excited that our new bigger site will not only allow us to grow as a business, but this growth will also bring new job opportunities to the local community of Oswestry,” Hooper said.

“Oswestry BID is working really hard to attract business to the area, a scheme that we at Aico fully support.

“We have developed really strong ties with the area and taking on this major project emphasises our commitment and loyalty to Oswestry well into the future.”

Aico currently employs 34 office and warehouse staff, 21 field-based staff and recently took on four apprentices.

Its new premises will include larger warehouse facilities and extensive office space.

There will also be a training centre and auditorium – with plans for the wider community to take advantage of the facilities for meetings and training purposes. There will be 80 car parking and additional wheelchair access spaces.

James Evans of Halls Commercial, who handled the sale, said: “Aico is going to build a fantastic UK headquarters and distribution centre on this site which is great news for Oswestry, Shropshire and the UK.

“The plans for the site are absolutely amazing and this will be of tremendous benefit to the local economy in terms of jobs and business.

“Having such a successful company like Aico pledging its future to the town highlights to other firms just how important it is to have a base here.

“These are exciting times for the area and commitment like this just goes to prove Oswestry is the place to be.”