Today marks a historic day in the history of the Marrill Group Limited as we can finally announce the completion of a deal to take over a dedicated manufacturing facility in Llanfylin, Powys, hereby to be known as Marrill (Powys) Limited.
The move has safeguarded the 102 jobs currently on-site and our further planned capital investment has the potential to create more new jobs and increase the Groups capabilities.
Our Group MD Jason Phillips has proudly said: “It has taken 18 months of hard work and negotiation to finalise this acquisition. With the combined efforts and support from the Welsh Government and Development Bank Wales, we are delighted with the final outcome. We will be investing in the plant and expect this acquisition to propel our Group Sales to circa £35m. It is a tremendous achievement, especially considering how the pandemic has stressed the manufacturing economy over the last 2 years.”
“The workforce is motivated, sales forecasts look buoyant and with our planned investment, we are excited by the opportunities that lie ahead for the plant.”
To mark the opening of the new site Marrill welcomed the Mayor of Llanfylin for a tour of the facility and to meet staff members. Cllr Lewis commented: “On behalf of Llanfyllin Town Council, I would like to congratulate Marrill Ltd for the investment into our town and local factory. This is a big investment for our town and we are pleased to see a new investment drive to ensure our small-Town factory survives.”
The acquisition of the Powys facility signifies the start of an exciting new chapter in the company’s history. Planned investment into the new facility includes the proposed installation of a new 2500T Loire Press, the largest of its kind in the UK, which will further enhance the groups already extensive manufacturing capabilities.
We look forward to sharing further exciting updates in near future.