Integra Buildings has paid £1.6m for six acres of land next to the existing 2.5-acre site that it already owns and operates. It plans a further £1.4m investment in new facilities to increase manufacturing capacity.
Managing director Gary Parker said: “This major investment will allow the physical expansion we need to enable our business to grow and move to the next level. This is the perfect time for us to develop more of the innovative manufacturing processes for which we are noted and strengthen our position as a leading player in the UK modular buildings market.”
The development plan includes the creation of two bespoke production facilities, amounting to 72,000 sq ft of manufacturing space, within existing buildings on the site.
Subject to planning permission, Integra Buildings will also build a new, two-storey modular office block at the heart of the site, relocating the company’s offices from nearby Burstwick, East Yorkshire.
The investment will bring together in one place all the company’s production of modular buildings for permanent installation. The new facilities are expected to be fully operational by early 2018.
Integra Buildings has doubled turnover to almost £19m over the past five years.