Tetrosyl drives into the future with new HQ
TETROSYL, the North West car care and parts group, is to move its head office from Bury to Rochdale after buying a site there.
The family-owned manufacturer, which owns brands such as T-Cut, Triplewax,Carlube and Quinton Hazell, and is currently celebrating its 60th year, has acquired Newgate House, a vacant 50,000sq ft building in the heart of the town centre from real estate owner Telereal Trillium.
It is closing and selling for housing development, its site at Walmersley, Bury, and using the proceeds to invest in its other site in the town, at Bridge Hall.
This includes new bespoke manufacturing, a batch process plant and ancillary services to replace all of the existing equipment presently housed in the Walmersley factory. The refit will take up to 18 months to complete.
Peter Schofield, chairman of Tetrosyl Group said: “I am proud of the fact that Tetrosyl has its roots very firmly in Bury and the North West where it has been able to grow and develop for over 60 years from a small business to the international corporation it is now.
“The investment we are making in new and improved premises and equipment will further accelerate our performance as the leading supplier of car care products in Europe. We are proud of our heritage and also that brand leading products like T-Cut & CarPlan will continue to be made in Bury well into the future.
“We have an excellent manufacturing base situated at Bridge Hall in Bury that will be further expanded, creating a state of the art manufacturing facility which will serve the company, its employees and Bury for many years into the future. The Walmersley facilities which are predominantly Victorian Mills are showing their age and we needed to look for new premises to better meet the needs and demands of our customers from around the world.”
Mr Schofield, whose father Clifford founded the £180m-plus turnover business, said the opportunity to buy Newgate House came after the decision to move head office.
He added: “I have to say that the response and support we have received from Rochdale Council and Rochdale Development Agency has been first class.”
Newgate House, previously occupied by the Department of Work and Pensions, is opposite Rochdale Town Hall and has excellent proximity to the Metrolink and bus network.
Cllr Richard Farnell, leader of Rochdale Council, said: “We are delighted that Tetrosyl has decided to locate its new headquarters in Rochdale Town Centre and regard it as a tremendous vote of confidence in the Council’s ongoing plans to create an even better town centre.
“Rochdale Council and the Rochdale Development Agency have been working hard to ensure that Newgate House can be transformed into a first class headquarters building for this important company and that it connects well with the rest of the town centre.”
Tetrosyl has ambitiions to become a £500m a year company within the next five years.