In the last 12 months, our turnover has increased by a staggering 1900% demonstrating that, even in a recession, there is always a market for a great quality product at a fair price
Hull, East Yorkshire (PRWEB UK) 10 June 2011
Wren Kitchens, the kitchen and bedroom specialist, has signed a contract on a 46,482 sq m (500,000 sq ft) manufacturing plant on the Foxhills Industrial Estate in Scunthorpe and the £20m investment is likely to create over 300 jobs in the area. The company is expanding production to meet the demand from its growing number of retail stores.
The new production facility will allow the manufacture of kitchen and bedroom cabinet doors to be moved from its current location in the assembly plant in Howden. Re-development of the Foxhills factory has already begun and full scale production will start within the next two months.
The East Yorkshire based company, part of the £250m turnover Ebuyer Group, has invested more than £1 million in an “end to end” enterprise resource planning system (ERP) as part of its production facilities expansion. This fully integrated system will seamlessly link the retail and manufacturing operations and drive further efficiencies out of the business.
Wren has also announced the refurbishment of its 25th store on the Kingsway West Retail Park in Dundee. The latest store is in excess of 17,000 sq ft and is the company’s fourth Scottish store.
The Dundee store adds to a retail estate portfolio that stretches nationwide from Aberdeen to Poole and from Norwich to Cardiff. The company has signed the lease on its 26th store at Hayes, and its refurbishment will begin soon.
Armando Sanchez, Operations Director, said, “We are delighted with the pace at which the business has grown to date. In the last 12 months, our turnover has increased by a staggering 1900% demonstrating that, even in a recession, there is always a market for a great quality product at a fair price. To continue delivering such excellent service to our customers, we needed to invest substantially in the manufacturing facilities and that is now well underway. Our target is to have a Wren Kitchen store in every town in the UK within the next two to three years.”
Mark Pullan, Finance Director, added, “As one of the UK’s largest privately owned businesses we are able to take advantage of the softening in demand for retail space. We do not borrow from banks or external sources and we are able to move very quickly for the right store. We are now at a stage where we will be looking for increasingly competitive deals from landlords in what is undoubtedly a challenging retail environment.”