Expansion sees US-owned firm move onto Cheshire business park in £510k investment
An American-owned engineering company with plans to expand in Europe has taken premises on the Barnston Estate in Farndon, Cheshire, and is now the anchor tenant at Monument Place.
Associated Toolmakers has moved onto the 5.5-acre business park on the outskirts of the village of Farndon.
The company is owned by Big 3 Precision, a US-listed firm which specialises in tooling for the plastics industry.
It has signed a contract for 16,000 sq ft of space at the business park and is investing more than £510,000 in the move.
Associated Toolmakers was established in 1995 in Wrexham, and acquired by Big 3 Precision in July 2019. Its managing director, David Chiddy, said: “We have been looking for the perfect space to locate and grow the business for a while and we found it at Monument Place Business Park.
“The move will allow us to treble our current space and to futureproof the business.”
He added: “We are actively recruiting for new people to join us and over the coming 12 months we plan to expand our workforce from eight to 18 engineers.
“We have customers travelling to us from all around the world to see the products we make and we’re looking forward to showing them our new base.”
Estate manager, Edward Barnston, said: “We’re looking forward to watching the business grow over the coming years.”
The Barnston Estate, one of Cheshire’s oldest family estates, consists of 1,800 acres in and around the villages of Farndon, Churton and Hapsford in rural Cheshire.