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Lionweld Kennedy spends £1.5 million on site and machinery to boost growth plans

Teesside-based Lionweld Kennedy has announced a £1.5 million investment in its site and machinery.

The manufacturer has taken the first steps on a new multipurpose building and installed the UK’s first shearing machine for steel grating.

Bosses expect the shearing machine will increase production capacity of its Safegrid gratings by more than 40 per cent, while eliminating all waste production associated with cutting the product and improving the health and safety environment for its employees.

Dave Robinson, Lionweld Kennedy managing director said: “This investment further cements our history of over 110 years in Teesside with a capex spend that will bring about significantly enhanced production capabilities alongside cutting-edge technology.

“Lionweld has made a firm commitment to make significant investment in its site and plant over the coming years and this is a key part of that development”.

The recent investment further supports the Middlesbrough firm’s ongoing commitment to sustainability – which has seen the business hit its long-term net zero target for 2040 in three years – with a new construction that will be a carbon neutral building.

May 31, 2024

  • Business & Economy

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