MDF specialist SAM Mouldings has introduced a £20m funding plan because the enterprise marks its thirty fifth anniversary.
The corporate says this milestone funding underscores SAM’s ongoing dedication to its prospects, folks, sustainability, and excellence, making certain it continues to steer the trade into the long run. Of this funding, £10m can be spent on putting in new state-of-the-art bespoke equipment, permitting SAM to double its present output and supply an excellent larger vary of MDF mouldings to satisfy rising market demand.
Sustainability is one other cornerstone of SAM’s funding programme. For over 20 years, SAM has generated 40% of its electrical energy and 100% of its heat-drying energy at its manufacturing unit in Antrim. This newest funding will additional develop the photo voltaic PV panels that already present a big share of SAM’s vitality necessities.
As a part of the £20m funding, the current opening of a distribution centre within the West Midlands has considerably heightened SAM’s logistics capabilities. Enhancements to SAM’s stockholding capability have additionally helped to make sure merchandise are delivered extra effectively throughout the UK, strengthening the corporate’s skill to supply dependable, on-time provide for its rising buyer base.
MDF producer SAM Mouldings has introduced a £20m funding to double output, improve sustainability and enhance effectivity / Image: SAM Mouldings
SAM has additionally invested in new know-how, with upgrades designed to streamline operations and enhance general effectivity. These technological developments will permit SAM to raised serve its prospects whereas sustaining its place on the forefront of know-how within the trade. Moreover, SAM’s funding consists of the creation of a number of new roles throughout the enterprise, additional rising its 200+ workforce and making certain the corporate continues to draw and retain the very best expertise within the trade.
Sam McCrea MBE, CEO of SAM Mouldings, mentioned: “At SAM, we perceive the significance of delivering the precise product on the proper time. This funding in superior manufacturing capabilities ensures we stay on the forefront of the trade and proceed to supply the high-quality product our prospects count on. Sustainability is not elective in our trade. By embedding sustainable practices into each side of our operations, we’re not solely contributing to environmental targets but in addition setting new requirements for the sector.
“We pleasure ourselves on being a reliable associate to the constructing trade. This funding displays our dedication to making sure that our merchandise aren’t simply of the very best high quality however can be found precisely when and the place they’re wanted. Our dedication to know-how is a part of our technique to remain forward in a aggressive market. These know-how upgrades be certain that we aren’t solely assembly the calls for of as we speak however are ready for the alternatives of tomorrow.”
This newest funding is along with the £7m SAM already invested throughout 2023/24.
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