British window profile extruder Duraflex Ltd. has launched a major investment project, building a new headquarters and adding equipment.
Duraflex is consolidating its three operations, all in England, into a new site in Tewkesbury, England. The firm currently has its headquarters in Cheltenham, with manufacturing in Toddington and distribution at Quedgley. Products have to be shipped 25 miles from the plant to the distribution center.
Construction already has begun on the 260,000-square-foot Tewkesbury headquarters and is to be complete in June. The move will be gradual, with products being stockpiled before manufacturing is switched to the new plant, said sales and marketing director Neil Roberts.
Duraflex is owned by Masco Corp. of Taylor, Mich. Since Masco took over in June 2002, Duraflex has added four extrusion lines, giving it 27, most supplied by Cincinnati. Now it plans to add two new Cincinnati machines.
The expansion will give the company room for 45 lines, Roberts said. He would not say how much the company is investing in the project.
``The market has expanded rapidly over the last four to five years, and we just can't keep pace with demand,'' he said. ``Masco brought us the ability to plan long term, five to 10 years. Our facilities were not adequate for the growth we expect to see.''
Duraflex, which employs 210, has annual sales of more than £30 million ($54 million). The company supplies vinyl windows through a network of fabricators and installers. During the past three years, Duraflex has invested about $7 million in capital expenditures, including new tooling for high-capacity/high-output extrusion machinery.
The firm is Britain's third-ranked PVC window profile extruder, behind Heywood Williams Group plc and Rehau GmbH, Roberts said.