Precision announces £250k production investment
12th February 2019
UK: Precision Refrigeration has announced a further £250,000 investment to increase capacity at its factory in Thetford.
Precision says it will be restructuring the way the factory is laid out and the way refrigeration units are manufactured, to further increase the factory capabilities, and meet rising demand.
“Thanks to the hard work of all of our staff and partners, we have grown through difficult market conditions and uncertain global times. We have seen our sales increase by 25% year on year over the last 10 years, and we forecast this increase to continue going forward” said Precision MD Nick Williams. “With our continued success and growth ambitions, we are also announcing that we will be recruiting an additional 30% employees in the factory, to help with the growing demand of our products.”
Established in 2008, Precision manufactures commercial refrigeration for the global catering market.
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