SHOPFITTING company Newman Scott has spent £500,000 on expansion.
The company has also taken on ten employees, taking the number of staff to 74. A recently completed extension takes factory space to more than 22,000sq ft.
Newman Scott spent more than £250,000 on the extension on Teesside Industrial Estate, in Thornaby, which was part-funded by regional development agency One NorthEast.
It has also spent £200,000 on woodworking and IT equipment and it hopes the investment will boost turnover by £6m in the next three years. A further £20,000 has been invested in an architectural printer for the company.
Managing director Dave Smiddy said: "In order to stay at the cutting edge of the shopfitting industry, this scale of investment in our facilities was essential. The industry is very fast-moving and we believe it is important for us to take advantage of all the technological developments available."
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article