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Business & Economy

NTG Precision Engineering looks to fashion jobs in factory move

An engineer is embarking on a factory expansion it says will create jobs.

NTG Precision Engineering is moving to a new base in Team Valley.

Based close to the firm’s existing plant, bosses say the 45,000sq ft factory – which is three times larger than its present home – will provide extra space for precision engineering and component assembly.

They also say it will help boost the firm’s 60-strong workforce.

The company makes parts for clients across the power generation, food production, offshore energy, defence and electric vehicle sectors.

The expansion is part of a scale-up strategy that began with a management buyout at the start of 2021 and included significant investment from Ignite Growth.

Mike Hutchinson, managing director [pictured above], said: “We are always looking to invest ahead of the curve.

“Moving to new premises will give us the space we need for the next stage of our growth and scale our operations to serve an expanding customer base.”

The plant is being developed by UK Land Estates and will be part-powered by solar PV and include air source heat and electric vehicle charging points.

Tim Witty, UK Land Estates’ development director, added: “We’ve always enjoyed working with NTG, as it’s an ambitious and growing business.

“It first took premises on Team Valley in 1979, so it’s a pleasure for us to still be working with the business on the next phase of its growth.”

The company expects to move to its new base over the summer.