9th July 2021
Dyer Engineering’s ambitious £2.5 million expansion plans for its base in Annfield Plain Co. Durham were boosted by a successful application for a £651,000 grant through the Let’s Grow campaign.
Dyer Engineering’s plans include a 19,000 sq. ft. factory extension and a £1m investment in new machinery creating 60 new skilled jobs at the County Durham facility with a further £215,000 investment in upskilling the existing workforce.
Richard Bradley (Finance Director), commented “investment in the company’s facilities and high-quality equipment will lead to a growth in turnover over the next two years. Our turnover currently stands at circa £8m and we’re looking to increase it by at least 50% over the next three years. This programme of investment will enable us to achieve those targets. We will be creating a varied range of jobs, ranging from apprentices to highly skilled production engineers.”
The news confirms Dyer Engineering’s continuing commitment to invest in the future of the business and its people.
Read the press article here
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