Investing for Growth
In 2008 and 2009 James Halstead Group invested steadily in its UK and overseas network of companies. It did so despite the background of the world banking crisis that triggered the latest global recession.
The Group has a clear strategy for growth and whilst it is aware of a current market downturn, it is convinced that the recent capital expenditure in key infrastructure is essential. It will put the business in a much better position to take advantage of future trading opportunities.
In the UK, existing Polyflor manufacturing has benefited from extra investment in Polytred 1 and 2 , Ejecta and Water-Jet cutting units. The Polyflor workforce welcomed a new Training Centre and AV Centre while distribution was boosted with new fleet additions. A bespoke Recycling Centre has been created to ensure future growth will be more sustainable.
Further Polyflor expansion is under way elsewhere in the North West of the UK with the acquisition and development of a 20,000 m2 site providing significant additional warehousing and distribution capacity.
Overseas development has been
Germany has built new warehousing with a state-of-the-art racking system and an important Training School attracting students from a wide catchment area of Germany.
New Zealand has recently completed an extensive new warehouse facility.
Australia has created a bespoke recycling facility to vastly improve its operational sustainability.