04 January 2018
Sign up to our newsletterWant more news like this? Sign up to our newsletter.

New lease of life

Camloc Motion Control – a leading company that designs and manufactures gas springs and dampers – has signed up to a new 10-year lease for its Leicester HQ.

This will involve £170k worth of improvements to both offices and the manufacturing shop floor.

Over the coming months, staff and visitors will see significant upgrading to the building on New Star Road in Leicester, including a new roof and roof lights, providing natural lighting on the shop floor.

The company underwent a management buy-out last year, having secured investment from Foresight Group, a leading independent equity investment manager with UK offices in Nottingham, Manchester and London. Finance director Julie Barker, part of the MBO team, sees the new lease as a reinforcement of the team’s commitment to the long-term future success of Camloc Motion Control.

“When we first bought the company just over a year ago, we were keen to invest money back into the business,” says Barker. “These improvements are long overdue, but they will have a hugely positive impact on everyone. Camloc Motion Control is a thriving business with a bright future, and it’s great to be able to reassure our staff and customers that our Leicester HQ, development and manufacturing site will continue to be our home for at least the next decade.”

Author
Brian Wall

Related Websites

http://www.camloc.com

Related Companies

Camloc Motion Control Ltd

Comments

Do you have any comments about this article?

Name
 
Email
 
Comments
 

Your comments/feedback may be edited prior to publishing. Not all entries will be published.
Please view our Terms and Conditions before leaving a comment.

Similar Articles