May 2011
Nifco UK are celebrating after a successful ground breaking ceremony, beginning work on our new £8.5 million factory
Nifco UK currently operates from a 44-year old site that will not sustain us in the future with our business growth plans. The new factory will be a great support to further increase our capacity and secure the long term future of our business in Stockton, North East England.
This new factory move will create up to 120 new job roles for people in the region. We successfully gained £1 million funding from the European Commission Approved GAP funding.
"This is a significant milestone for Nifco and after 21 years of operation marks the commitment of the Nifco Group to Stockton and the wider area.
"Our business model requires us to expand to larger premises to accommodate future growth but we wanted this to be close to the existing operation in order to retain our current work force who are so integral to our ongoing success.
"Nifco UK is the first locally managed company within the group and this commitment demonstrates its faith in this model which will be used for future Nifco expansion globally." – Mike Matthews, Nifco UK's Managing Director.
Read more at:
The Materials Transport Group
nebusiness.co.uk - Nifco hoping to secure One North East support
nebusiness.co.uk - Helping Stoctkon company Nifco UK motor on
