Valeport, a marine technology company based in Totnes with clients worldwide, has invested in its waterfront facilities and increased its headcount to facilitate growth, reaffirming the company’s commitment to south Devon.
The firm which employs more than 100 people in their current premises on St Peter’s Quay, has acquired the adjacent building, the former Devon & Cornwall Housing offices, to allow the company to increase its manufacturing and product service capacity, to serve a growing selection of customers and markets.
Global demand for the company’s precision sensors and probes has continued to grow robustly, with the firm’s order book showing a 22% increase on this time last year, and to meet these markets, Valeport has invested to create more Production and R&D space. The former Devon & Cornwall Housing offices, now named Radcliffe House, were acquired pre-pandemic but have now been refurbished by Valeport to house the firm’s Sales, Marketing, R&D, HR and Finance departments, creating space for Valeport to expand and refurbish the production facilities in its existing Sandquay Building.
New staff and apprentices have been taken on in the firm’s Machine Shop, Product Assembly, R&D and Service departments to support the company’s growth plans. Valeport, which has a turnover of over £12.3million, has a strong focus on lifelong learning and career development. Currently Valeport has six apprentices in training with a further ten graduated apprentices fully employed by the firm.
Matt Quartley, Managing Director, Valeport Group commented: “Acquiring Radcliffe House is significant for us and opens up another exciting chapter in Valeport’s fifty plus year history. The increase in our manufacturing capacity and new staff to support our expansion plans, marks the beginning of our next period of growth.
“The additional space will enable us to capitalise on a growing workload, to support our clients across the world and ensure we continue to produce premium, precision technology from our Totnes base. The future for us is very bright and the extension to the production facilities and additional space puts us very much on the front foot,” added Matt.
The refurbishment of Radcliffe House includes the addition of new solar panels to the roof. These new solar panels are now completely powering the new building and also creating excess green electricity which is being fed back into the national grid.
Alongside the refurbishment of the new Radcliffe House, Valeport has invested to upgrade their existing buildings that house the now expanded manufacturing capabilities. These improvements to Valeport’s facilities, include a recent replacement of the Sandquay Building roof to deliver increased thermal efficiency, have only been made possible by the firm’s acquisition of Radcliffe House.
The expansion into Radcliffe House now means Valeport’s headquarters in Totnes span over 44,000ft2 across three modern waterfront buildings.
For more information contact: www.valeport.co.uk
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