A Wolverhampton-based fencing specialist is helping to spearhead the resurrection of the West Midlands’ manufacturing might with a new £5 million factory that will double its manufacturing capabilities and create 40 new jobs.
Zaun, a manufacturer of fencing solutions for high security and commercial applications, invited Lord Green, UK Minister for Trade and Investment, to officially open the new facility on Steel Drive on Wednesday 2nd March.
The new 50,000 sq ft factory will help Zaun meet increasing demand for fencing solutions, particularly in the high security market, which is rising in importance to protect the UK’s critical national infrastructure.
Paul Painter, joint managing director at Zaun, said: “In spite of the recession, we have managed to grow our business year on year, which is testament to our workforce, innovative product range, service and manufacturing expertise. This new facility will further increase our productivity, boost job opportunities in the area and help retain manufacturing in the UK and provide a firm foundation for expansion into international markets.”
Lord Green said: “We have an ambition in this country to turn around our export performance so that the British economy is dependent on exports to world markets rather than reliant on demand at home.
“This will be a marathon and not a sprint.
“But we have a great deal of talent in a lot of industry sectors in the UK and we are starting from a position of strength.”
“The advanced engineering sector, in particular, is a good example of an area where there are thousands of SMEs in the supply chain, which are exporting overseas and winning business in growing markets.”
Last year West Midlands companies exported £16.7 billion to countries all over the world.