The growth trajectory of Avon Group is set to gather pace after it made a long-term commitment to its West Midlands outpost.
The South West-based multi-dimensional engineering and manufacturing business is set for further growth following the announcement that it has acquired the freehold of AcoustaProducts’ Shropshire base.
The deal forms part of Avon Group’s expansion and investment strategy as it steadily moving towards the £100-million sales mark which it targeted this year as the Bristol-headquartered company celebrated its 45thanniversary.
To maintain sales momentum, Avon Group has pledged to spend £250,000 to turn the Telford premises into a ‘world-class’ working environment in what is a welcome boost for the West Midlands which has been hit hard by the Jaguar Land-Rover cyber-attack.
The property deal follows Avon Group’s 2022 purchase of AcoustaProducts, which is widely recognised leader in the foam and rubber conversion industry – a move that marked further expansion into specialist foam, off-highway noise, vibration and harshness work and precision tape and kiss-cutting capabilities.
Commenting on the AcoustaProducts freehold completion, Mark Rushin, Group Director of Avon Group, said: “This is a significant milestone which not only shows AcoustaProducts is here to stay in Telford but also underlines Avon Group’s commitment to growth and demonstrates overall resilience in challenging times – a hallmark that sets us apart from competitors.
“To maintain AcoustaProducts’ momentum and strengthen its place in a vibrant business community, we will invest £250,000 over the next 24 months, with the goal of creating ‘world-class’ facilities in line with our ‘Avon Way aesthetic transformation’.
“Avon Group now owns more than 600,000 square feet of commercial freehold property, alongside 20-plus residential properties. This strong asset base not only provides capacity and flexibility to support our growth but also demonstrates to customers that our roots are firmly placed in the United Kingdom.”
The successful completion of the second phase of Avon Group’s strategy for AcoustaProducts not only provides long-term stability that is key to growth but also heralds the next step in what is called the ‘Avon Way aesthetic transformation’.
That means that as well as safeguarding highly-skilled, precision engineering jobs in the Shropshire town, Avon Group will invest more than £250,000 to upgrade AcoustaProducts’ 25,000-square feet Stafford Park manufacturing premises.
“This is a ringing endorsement for AcoustaProducts and its highly dedicated and skilled people,” said Robert Hamilton, AcoustaProducts General Manager.
“Since the business was founded more than 25 years ago we have earned an enviable reputation thanks to outstanding technical expertise, quality products and high-level customer service.
“We are proud to have worked with many reputable brand names, in fields as diverse as automotive, medical, engineering, air conditioning and presentation packaging and have gone from strength to strength since we became part of the family of Avon Group companies.
“This long-term commitment is a real statement of intent and shows AcoustaProducts is here to stay in a strategically important part of the world and will ensure the stability that all healthy businesses crave to maintain our growth trajectory so we can look forward to the future with confidence.”
Avon Group is a collection of engineering and manufacturing businesses with diverse but complementary skills and capabilities. It has nine sites and employs more than 550 people.
The group manufactures aerosol gaskets and specialises in the production of automotive components and a range of sealing, insulation, acoustic, filtration and protection products.
Since Avon Group was founded it has enjoyed 45 years of sustained growth. During the last decade, Avon Group has ploughed £30 million into its family of businesses with an additional £3 million spent this year on already planned projects as the company aims to surpass £100 million in sales for the first time.
For further information about AcoustaProducts, visit the company website.
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