Glass reinforced plastic manufacturer MPM says that it anticipates 40% growth at the end of 2016.
The company has enjoyed recent success including more than ten appointments since March. Results have improved significantly, with the business growing revenues by over 10% in its last financial year and 20% year on year for the last five years, with growth expected to hit 40% for the 2016 financial year. Expansion plans are already underway to open up another 4,000 ft2of manufacturing space and further recruitment is in the pipeline.
At the recent Composite UK Awards, James Kilbrane, age 19, was awarded Apprentice of the Year, and the company won the Health & Safety award for outstanding safety practices in the workplace. ‘I'm very proud of the work which we do and the way our organisation is developing and growing,’ said Ben Wilson, Director at MPM. ‘Our achievements are carried forward by the incredible team that strive to provide best in class composite solutions that create real value for our customers.’
This story is reprinted from material from MPM, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.