Fastening firm bags new premises
AN industrial fastening company that produces kits and bags for flat pack furniture bolts, nuts and screws is moving to a new manufacturing plant after receiving a £500,000 loan from Yorkshire Bank.
Haroby is moving to a new 22,000 sq ft premises in Skelmersdale in November after outgrowing its current 15,000 sq ft base in Standish, near Wigan.
The company, which was founded in 1994 by Paul Roberts and Andrew Byrne, currently has a turnover of £1.9m but is predicting that 2012 could be its best year yet.
Mr Roberts said: “Even through the tough economic conditions, sales of flat pack furniture have remained steady and this has led to us working with more clients than ever before.
“The reason for the move is to service demand and increase production capacity while investing in the latest state-of-the-art machinery. Without the finance from Yorkshire Bank, this wouldn’t have been possible and we are delighted with their support.”
Haroby produces more than 170,000 furniture packs per week for over 150 clients across the UK, which includes many household retail names. The business sources the furniture bolts, nuts and screws from the UK, Europe and the Far East.
The company employs 14 people.
