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30th July 2021

July Blog – Investment for Growth 2021

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Earlier this year the Government revised the Industrial Strategy (2017) to Plan for Growth. The Plan for Growth has three pillars of investment and growth. It states that delivering improved Infrastructure, Skills and Innovation will be a joint endeavour between local authorities, combined authorities, the devolved administrations and the UK Government.

Source: CBI

Manufacturing businesses that adopted an agile approach during the Pandemic thrived and continued to adapt their approach through diversification, improving products and processes.This approach has created opportunities for businesses to invest not only in capital equipment but safeguard jobs and expand further.

At Grenville Engineering we adapted to customer demand and succeeded in growing exisiting clients as well as acquiring new customers from different sectors.

Grenville has a pipeline for growth with investments in a new more powerful Fiber laser machine as well as a Press brake that can form laser cut profiles with ease and efficiency.
This investment opens up capacity to grow with our customers and support manufacturers reshoring their supply chain due to the effects of the pandemic and Brexit.

There are further plans in the pipeline as the company continues to grow from strength to strength and is on course to have a record turnover this year, despite the challenges so many businesses have faced.

If you are looking at reducing costs or an alternative efficient option to reshore your manufacturing process, speak to our team on the best solution sales@grenville-engineering.co.uk