£1m relocation allows room for expansion
Reporter: Martyn Torr
Date published: 22 June 2011
A specialist supplier of plastics and aluminium products has purchased new trading premises in Oldham.
Plastics Direct Ltd has invested £1 million to purchase 20,000 sq ft premises at Vulcan Business Park in Derker.
The company previously traded from rented premises in Ashton.
Established in 1989 by directors Carl Morgan and Barry Stringer, Plastics Direct stocks numerous plastics and aluminium products which are used in the manufacture of hundreds of different products including signs, point of sale displays, street furniture, toys, medical equipment and transport applications.
Plastics Direct, which has a turnover of £2 million and employs 18 staff, has also invested heavily in CNC machinery to offer its customers a bespoke plastics fabrication service after securing funding from NatWest commercial banking.
Operations director Carl Morgan 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.”