Precision's £250k factory investment

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Published: 12 February 2019


Precision Refrigeration has announced a £250k investment in production facilities and says it will also take on additional staff to meet rising demand.
 
Precision will be restructuring the lay-out of its factory in Thetford, Norfolk, and the way units are manufactured to further increase production capabilities.
Managing director Nick Williams said: “Thanks to the hard work of all of our staff and partners, we have grown through difficult market conditions and uncertain global times. We have seen our sales increase by 25% year on year over the last 10 years, and we forecast this increase to continue going forward. With our continued success and growth ambitions, we are also announcing that we will be recruiting an additional 30% employees in the factory, to help with the growing demand for our products."
 
Precision, which celebrated its 10th anniversary in 2018, manufactures commercial refrigeration equipment for the catering market worldwide.
 
www.precision-refrigeration.co.uk