Haverhill firm's bold investment in a better production facility will help its profits to rise
A £150,000 investment in a bigger and better factory means that a Haverhill manufacturer of bespoke office furniture can look forward to continued growth and a more secure future for employees.
Frem Group Screens, part of the Frem Group launched in 1989 by Bryan Daisy and his wife Claire, has taken a ten-year lease on a premises in Homefield Road, formerly occupied by Pace Products.
Improvements are continually being made to the building since it moved there in late July after 12 years at its previous site on the corner of Hollands Road and Rookwood Way.
Company director Phil Dingley manages Frem Group Screens, which specialises in making tailor-made office pods and booths that are sold to clients primarily in the UK and Europe.
He said: "It (the previous site) was an old building, L-shaped. It needed a bit of work and this opportunity came along and we took it.
"It's been a big investment, over £150,000, but the idea is that its given the guys, there is about 35 people here now, based out of Haverhill, job security."
It would have been harder for the business to grow and be more efficient had the move not happened, said Mr Dingley.
"We didn't have the head room and the floor needed a lot of work so the investment we put into this place we would probably have put into the older site without getting the benefits.
"It does help make production more efficient so therefore the profit margins are better."
Frem Group has other sites in Northampton and Ossett in Yorkshire and has set up a factory in the US with a manufacturing partner.
Chief executive Mr Daisy believes the more efficient production from the site will increase the value of product sales from £5million to £10m over the course of the new lease.
Mr Dingley added: "We were probably doing a £2.5m turnover per year five years ago and we were probably doing just over £4m last year.
"It's been a bit of a bold move with what's going on at this time (Brexit) but the opportunity came along and we thought that it was the best thing to do."
Mr Daisy bought Screens at Work five years ago and renamed the business Frem Group Screens.