A manufacturing company which serves as one of Eye’s major employers will create around 60 new local jobs in the coming years, following the opening of a new facility earlier this week.
Permastore, a modular tank and silo manufacturer located at the Eye Airfield Industrial Estate, has invested £1.5 million into a state-of-the-art epoxy technology production line to help extend its business operations, which will bring in around 20 jobs now, and eventually triple that over the next few years.
The official opening of this expansion took place on Monday and was carried out by the Countess Clare of Euston, Her Majesty’s Lord Lieutenant of Suffolk, with other guests including Dr Dan Poulter, the MP for Central Suffolk and North Ipswich, and distributors from around the world.
Brian Quarendon, the chief executive officer for Permastore, said: “This new production facility will secure additional jobs in Suffolk and supports Permastore’s long-term growth strategy, which is firmly on track to continue, in turn contributing to the local economy and creating further jobs in the area.
“With the additional capacity that this new epoxy production facility will provide, orders are forecast to increase by 30 per cent on last year’s figures.”
Founded in 1959 and based in Eye since 1977, Permastore employs over 230 staff, and exports 75 per cent of its products internationally, claiming to have more than 300,000 structures installed in over 110 countries.
The firm added it plans to expand further within the next three to four years by increasing the number of southern hemisphere distributors in its network and boosting its product portfolio, which it says will lead to additional local job creation.
“Permastore is also extremely proud of its dedicated workforce, many of whom are long serving employees and have made Permastore what it is today,” said a statement from the company.
To learn more about Permastore, please call them on 01379 870723, or visit their website at www.permastore.com