A clear path for expansion
Tonyrefail-based Treforest Glass has invested in new machinery and premises thanks to support from NatWest and Lombard Asset Finance.
The firm, which specialises in bespoke sealed glass units mainly for joineries, has used a combined £1.1 million funding package from NatWest and Lombard Asset Finance to purchase a larger factory unit, as well as state-of-the-art machinery.
At 30,000ft2 the new unit on Parc Eirin is three times larger than its predecessor and will enable Treforest to service existing customer accounts, as well as facilitate growing demand for its glass products. The unit includes manufacturing facilities, a tempering plant, and offices.
Funding has also enabled the purchase of state-of-the-art machinery, which will allow the firm to produce its own toughened glass in-house, saving the business around £400,000 a year in outsourcing costs. The firm now has a workforce of 56 staff having employed an additional ten employees as a result of its recent expansion.
Since acquiring Treforest Glass 12 years ago, managing director Peter Zehetmayr has grown the business to a turnover of £3.5 million.
“I believe that this investment is essential for the long-term security of Treforest Glass,” Peter said. “Both NatWest and Lombard were invaluable in their support and the funding provided. They had an intricate understanding of our business needs, and the whole process was smooth from start to finish.”