Major Investment at Naylor Industries Plc
22nd August 2022
Naylor Industries Plc has invested a further £5.7-million on CapEx projects during the financial year ending 28 February 2022.
The investments underline Naylor’s long-standing commitment to making significant investments in production facilities and R&D with the 130 year old British manufacturer investing more than £9-million in the last two years alone.
Investments made in the 2021/22 financial year included the commission and installation of a combined heat and power (CHP) plant at Naylor’s Cawthorne manufacturing facility. A core part of the company’s strategy to become a net zero business, the plant enables the Cawthorne site to generate its own electricity.
Other investments included the purchase of land at Naylor’s Garforth site and the acquisition of specialist plastics company Schauenburg Technical Solutions – now Naylor Technical Solutions – and injection moulding specialists, D&B Injection Moulders Ltd.
Helen MacIntosh, Technical Development Director for Naylor Industries Plc, said: “Naylor Industries is committed to making significant and ongoing investment in its manufacturing facilities and in R&D. Our focus on innovation and investment enables us to develop innovative manufacturing processes and ultimately to provide best-in-class products for our customers. Over the next 12 months, we will be making further investments to optimise productivity, minimise waste and help us to become a more environmentally sustainable business.”
