A specialist engineering firm supplying companies around the world is set for fresh growth after property agents John Truslove found it a new base in Studley.
And that could mean fresh job opportunities for budding young engineers in the area.
Namco Tooling has been successfully making specialist threading equipment for three decades but needed to move from its ageing premises at Marlborough Works in Studley, explained director Graham Cooke.
“They were quite old and in poor condition,” said Mr Cooke. “We needed somewhere more suitable as we invested in more computerised manufacturing and tooling equipment.
“I’ve known John Truslove for 30 or 40 years, and we have a good relationship with a lot of trust. The agency did an excellent job, finding us new premises. They are smaller but much more suitable to our needs.”
The company and its 20-strong team have now moved into Unit 1 at Victoria Works, on the Birmingham Road in Studley. The 11,749 sq ft (1,092 sqm) unit on the popular trading estate has put Namco in a position to win even more work.
Graham Cooke said: “We have a strong reputation based on the skills of our people and the accuracy of the tooling we produce,
“We export around 60 per cent to 70 per cent of everything we make all over the world, including engineering firms in America and Turkey. We do well when engineering is doing well, and things are pretty busy at the moment.
“Now we are established at the new premises, we are looking into taking on a number of new trainees and apprentices as we look to the future.”
Ben Truslove, joint managing director of John Truslove, helped secure a five year lease on the Victoria Works unit for Namco Tooling and also sold Namco’s previous Marlborough Works site to Frontier Estates, who have since obtained planning permission to redevelop the site for a care home.
Mr Truslove said: “We have had a long and successful relationship with Graham Cooke and Namco, so we had a good idea of the type of premises the company needed for the next stage in its development.
“Victoria Works is a justifiably popular trading estate and has recently benefited from an uprated electricity supply. It is the ideal base for a specialist engineer like Namco and we are delighted to have played a further part in helping this well-respected business continue to thrive.”
Redditch-based law firm Kenneth Curtis acted for Namco, while Clarke Mairs represented the landlord, Pall Mall Investments.