UK-based lead-acid battery machinery maker TBS Engineering has unveiled plans to open a new “global HQ” in Gloucestershire as part of expansion plans.
TBS, the leading manufacturer of cast-on strap machines, told BBB construction work is under way on the GBP15 million ($19.7m) facility on the Gloucester Business Park— underlining the firm’s confidence in the lead-acid market.
The company, which was featured in the Summer edition of BEST magazine, said it expects to move into the 100,000 sq ft facility in the spring of 2018, after which it will close its existing operation in Cheltenham— where it has traded for the past 50 years since being founded by Thomas B Stamp.
TBS managing director David Longney said: “Our investment in the new facility will support our on going growth and expansion plans. Over the last 50 years TBS has enjoyed sustained growth. Our new facility will enable us to continue to lead the world in the manufacture of lead-acid battery equipment.”
“The investment shows our confidence in the market and commitment to the expertise, talent and engineering resources here in Gloucestershire,” Longney said. “They enable us to stay at the forefront of our industry, and our clients to benefit from the world class standards of British engineering.”
The new facility (artist’s impression pictured), comprising 80,000 sq ft of manufacturing space and 20,000 sq ft of offices, “will become the global head office of the GBP35m ($45.8m) operation and home to TBS’ 170 employees”, the company said.