Rapid growth in emerging markets has given a manufacturer the chance to increase its footprint with a move to larger premises in Huntingdon.
East Anglian Fine Weld (EAFW) has opened the doors to a new unit in St Margaret’s Way after being based in Cambridge Street, Godmanchester, for a number of years.
The firm, which manufactures spare parts for packing machines for companies worldwide, switched premises following the development of its business in emerging markets, trigging the need for a larger unit.
Hans Reif, managing director, said: “EAFW has been in business for more than 25 years but, in the last couple of years, we’ve experienced rapid growth, largely due to expansion into new markets, including Asia.
“As a result we simply outgrew our previous premises in Godmanchester and had been looking for new, larger premises that would support the growth of the company.
“The building at 10 St Margaret’s Way is perfect as it’s in the ideal location, plus the spec of the building creates a strong first impression for clients.”
The company has moved into the unit with high-performing neighbours as it is partially occupied by Kloeber UK, which who manufacture bi-fold doors and glazing.
The move, which took place late last month, was brokered by St Neots-based Barford + Co.
Howard Westgate, associate director, said: “It’s always positive to hear that a company is growing and expanding and we were delighted to support EAFW with the move into new premises in Huntingdon.
“The industrial market is currently performing very well and we are seeing lots of interest in premises of this type, which is a strong indication of the performance of the commercial market as a whole.”