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Invest Leicestershire Helps Spiralock Relocate to Larger Premises in the County

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Major global manufacturer doubles size of European HQ in Market Harborough to safeguard local jobs with the expectation to double workforce over next three years


Leicester Shire Promotions has announced that its Invest Leicestershire division has helped major international manufacturer, Spiralock to successfully complete plans to move its European headquarters and UK sales office to new premises in Market Harborough, Leicestershire. Spiralock is a global leader in screw thread technology and used Invest Leicestershire’s Property Services to locate suitable premises that will help to safeguard four existing jobs in the local area with the expectation of creating up to another four new jobs to double the workforce over the next three years.

Spiralock will move from existing 800 sq ft premises in St Mary’s Way in Market Harborough, to a new 2,000 sq ft facility at Courtyard Workshops, Bath Street in the town. The move is part of the company’s long-term strategy to help grow its UK business to £1 million turnover by 2006.

Charlie Stumb, General Manager of Spiralock Europe commented: “Spiralock has outlets worldwide and the UK is a particular area of focus for growing our business. The move to new premises is part of this expansion plan and by working closely with the Invest Leicestershire team, we’re confident that we have found the ideal location for our UK sales office.”

Martin Peters, Chief Executive of Leicester Shire Promotions added: “We’re delighted that the work of the Invest Leicestershire team has enabled Spiralock to identify suitable premises into which they can relocate successfully. This is another example of how we have supported businesses looking to invest in the city and county – both locally and internationally-owned – in their successful relocation projects.”

About Spiralock:
Spiralock Corporation, headquartered in Madison Heights, Michigan, United States, provides reliable locking solutions to a variety of industries, including aerospace, heavy truck, medical implants and instruments, automotive, farm and construction machinery and many others. Spiralock’s unique internal thread form resists vibration loosening, thus reducing warranty and liability claims, improves fatigue life through an even load distribution, reduces service issues, simplifies assembly, mates with standard male fasteners and is reusable.
Spiralock has been proven in thousands of applications over the years, serving customers around the world and meeting the increasing demands of the international market. For more information on Spiralock Corporation, please visit www.spiralock.com.
 
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Last modified 2005-04-19 10:38 AM

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