Plastics firm invests £1m in Oldham site

A SUPPLIER of plastics and aluminium products has bought new trading premises in Oldham.

Plastics Direct has invested £1m in a new 20,000 sq ft site at Vulcan Business Park in Oldham. The company previously traded from rented premises in Ashton-under-Lyne.

The move has been financed by NatWest Commercial Banking.

Established in 1989 by directors Carl Morgan and Barry Stringer, Plastics Direct stocks products which are used to make signs, point-of-sale displays, street furniture, toys and medical equipment.

The business, which has a turnover of £2m and employs 18 staff, has also invested heavily in CNC machinery to offer its customers a bespoke plastics fabrication service.  

Mr Morgan, operations director, said: “It was clear that we had taken the old site as far as we could. There was limited space to improve the business and this had started to hinder our operations.

“Without the move to new premises we would have struggled to increases our current level of sales. The move to Oldham is a very exciting development and gives us the opportunity to expand our product range and fabrication services.”

Peter Treadwell, senior relationship manager at NatWest said: “The directors of Plastics Direct have recognised they need to move in order to keep the business competitive. We are happy to have provided the finance to help them relocate to Oldham.”