A South-Wales based masterbatch and compound manufacturer has recently invested over £500k in upgrading its plant and laboratory facilities as the company celebrates 40 years in business.
Performance Masterbatches Ltd (PMB), based in Ebbw Vale, says the upgrade includes two new lines, which will significantly increase the plant’s capacity and reduce lead times to “inside the industry standard.”
One of the lines was commissioned in August and the other is due in November this year. This is in addition to the recent investment in the company’s R&D facility and training programme.
“We are manufacturing a high quality product servicing all industry sectors and from what we see and our healthy order book we are very optimistic about both the future of the British plastic industry and PMB,” commented Lawrence Watts, PMB’s Managing Director.
“This investment will help to further enhance our reputation as one of the leading European colour houses in today’s very progressive and competitive environment.”