As part of the move process, 3P innovation has worked with the Coventry and Warwickshire LEP Growth Hub and Coventry City Council in order to access grant-funding which has enabled the new building to work in as environmentally friendly a manner as possible.
Dr Geoff Vernon, director of 3P Innovation, said: “This move has come at a crucial time for us and now we are settling in, all of the hard work feels worthwhile. We had outgrown our previous site and needed to make this change to ensure we continued to grow, we had started to flat line due to space limits after growing every year from 2006 to 2016.”
He continued: “The move has given everyone in the company a boost and you can feel the positivity it has brought out in people. We are expecting significant growth over the next few years now we are settled.
“We want to be at the heart of innovation going forward and have plans to increase our product lines, as well as continuing with bespoke automation systems for clients. We are heavily investing in research and development in order to make these advances.”
The business has worked with the Coventry and Warwickshire LEP Growth Hub’s account manager Jaymie Thakordas throughout the move and she will continue to advise them on growth going forward.
Thakordas said: “3P innovation has a very exciting future ahead and this move to Tournament Fields is just the start. Personally, I am delighted to have helped unlock crucial grant funding to aid the move and look forward to helping the team crack those new markets they are looking to move into.”
Some £345,000 has been invested to provide the most advanced upgrades to improve the energy efficiency of the new site, including solar panels to generate its own electricity.
The programme is open to businesses with fewer than 250 employees based in Coventry and Warwickshire.
Warwick District Council’s portfolio holder for Business, Councillor Noel Butler commented: “We’re delighted to not only see this level of growth within 3P innovation but also that we’ve been able to facilitate further growth through our local support initiatives.
“We very much welcome businesses who are committed to going green and enhancing their energy efficiency so would encourage local businesses interested in this to get in touch to find out how we could help them too.”