Graphic Controls Relocation to Nearby Torbay into £6.5m Purpose Built Facility
Graphic Controls Ltd, owned by Graphic Controls Holdings (GCH) out of Buffalo, New York and part of Nissha Medical Technologies of Kyoto, Japan, complete their relocation of their current Totnes manufacturing and office to Torbay on 29 May.
The £6.5m investment project is complete, and provides Graphic Controls Ltd with 64,500ft² of commercial space to support their growth plans.
With sites in Germany, Belgium, Austria, and France, Graphic Controls Ltd new Torbay facility will be head of all European group companies. Working with Torbay Council helped drive a compelling reason for the company to stay in South Devon, safeguarding existing jobs and leading to job growth for Torbay in the future.
Torbay’s Elected Mayor, Gordon Oliver said: “Throughout this regeneration project we have seen a 64,500ft² purpose built factory come to life. My wholehearted support to invest in this project shows our ambitions to support the local economy, protect and create jobs and encourage more businesses to invest in Torbay. It is great that our investment provides a growing company with the facilities that it was looking for, while safeguarding jobs.”
Torbay Council’s investment is being made through its Investment Fund which enables the Council to invest in opportunities and assets to generate income. This income is then used to sustain council services. The portfolio of investments brings financial benefits to Torbay and regeneration schemes benefitting the Bay’s economy.
Tony Slatter, MD at Graphic Controls Ltd, said: “The support from the Elected Mayor, Torbay Council and TDA made the decision to move close by to Torbay an easy one. The investment means that we are able to move our business to a modern facility that enables us to grow.”
Alan Denby, Director of Economic Strategy at TDA said, “We welcome Graphic Controls to Torbay and look forward to continue to work with them to support their growth. The delivery of Torbay’s Economy Strategy continues at pace as we develop regeneration projects, such as the Electronics and Photonics Innovation Centre, with further investment planned. These projects will further enhance the competitiveness of the wider region and provide investment and expansion opportunities.”
The project was delivered by local developers Midas Commercial Developments Ltd, developing land at Torbay Business Park, Whiterock, Paignton to provide a new home for Graphic Controls Ltd.
Torbay is providing great opportunities for local and foreign owned companies to grow and expand in key sectors, with a number of businesses exporting across the world.
To find out more about the investment opportunities in Torbay visit www.investintorbay.com or call Investment Development Manager, Jason Buck on 01803 208799.