A manufacturer bucking the recession through the expansion of exports to more than 20 European countries is investing in the future with a new five-year lease on its factory near Southampton.
GRP Tools specialises in laminating rollers bought by end users, via distributors, to consolidate layers of fibreglass for a range of products from yachts and flat roofs to decorative flower pots at airports.
Led by husband-and-wife team Peter and Debbie Hussey, the firm renewed the lease terms through solicitors Graeme Quar & Co.
The Fareham-based commercial law firm helped the couple buy the business six years ago and provided the legal support for the original five-year lease.
Since then GRP Tools, which has a 279 sq m (3,000 sq ft) factory at Unit 12 Trinity Court, Brunel Road, Totton, has grown from four staff to 10, with plans to create more jobs within the next two years.
GRP Tools derives its name from the industry abbreviation for fibreglass – GRP: glass-reinforced plastic.
Peter, the managing director, said European sales have risen from 4% to 25% in the past three years alone, largely thanks to an “impressive” marketing drive by sales director Debbie, a former paediatric nurse.
He added: “The renewing of the lease through Graeme, following GRP Tools’ substantial investment and development in new equipment, shows our confidence in the future.
“It is heartening to know that British manufacturing excellence is fending off Chinese imports and that our products are being used in more than 20 countries across Europe.”
GRP Tools also produces ancillary equipment, such as stands and taps for drums containing GRP resin, and dispensers for catalyst.
Graeme said: “It is invigorating to hear success stories about British manufacturing, especially ones generating local employment and inward investment such as GRP Tools.
“The way that Peter and Debbie have proactively developed export markets in a tough economic climate is inspirational and I am sure a lot of us in the Solent business community could take a leaf out of their book.”
Peter paid tribute to Graeme and his legal team.
“We were recommended Graeme when Debbie and I were looking to buy the business, and he helped us on the acquisition and subsequent property transactions.
“Graeme is excellent – he is always approachable and gives us confidence because you know everything will be done properly and pleasantly.”
Details of the new lease terms have not been disclosed.
