Vee Bee Filtration has announced it is moving to new premises as part of a multi-million pound investment strategy from its parent company Signum Technology.
The Vee Bee Technology Centre will be located in Halesowen in the West Midlands, UK, and will provide state-of-the-art design and assembly facilities.
“I am delighted to announce the investment, which is a major landmark event in the continued growth of Vee Bee Filtration,” comments Managing Director, Simon Hale. “This is the first part of a significant intelligent investment schedule and it enables Vee Bee to consolidate its position as the global leader. The schedule includes significant investment in manufacturing, specialised staff, research and development, testing, customer service and new product development.”
Signum Technology has already undertaken similar effective investment strategies with the other companies in its Group, Gall Thomson, KLAW Products and KLAW LNG.
The result of the investment will also enable Vee Bee to focus on new markets. “There are two geographical regions that we have targeted for growth and we are also looking to build on our core activity in the LNG market, in which we have a very strong and established market position,” Mr Hale explains. “This investment provides us with all the resources needed to successfully achieve this and generate significant organic growth as a result.
“On a secondary level, the Technology Centre will provide us with future scope for physical expansion and optimise our own processes. This will enable us to ensure the highest standards of management of even the most demanding of contracts and reduce delivery times to the bare minimum.”
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/08012019/vee-bee-filtration-on-the-move/