BM Catalysts, a Mansfield-based manufacturer of catalytic converters and pre-cat front pipes has completed the purchase of a new 60,000 sq ft manufacturing facility as part of a £6 million expansion project that will create 45 new jobs.
Marketing director Mark Blinston said the acquisition of this site was part of the company's continued growth and was a strategic move to further develop its manufacturing capabilities in the UK. "In our opinion, there has never been a better time to expand and we now look forward to getting the new site fully operational."
BM Catalysts, a trading division of Belton Massey Limited, was formed in 1966 and originally known as B & M Tyres and Exhausts Limited. The business started out operating fitting stations in the Midlands, before beginning hand bending catalytic converters in 1998. The new facility, funded with the help of a grant from East Midlands Development Agency (emda) and funding from NatWest, will, said B M Catalysts, enable the retention of its full manufacturing process in-house, allowing it to grow domestic markets and expand into Europe. The company, which currently produces an average of 2,000 parts a day, has a dedicated part development team and already provides employment for 165 people.
The company received a Grant for Business Investment of £550,000 from emda to support its expansion plans.
Photo shows, left to right: Celebrating the purchase of the new site are Toby Massey (BM Catalysts), finance director Paul Fox (BM Catalysts), Tim Gilbertson (Fisher Hargreaves Proctor), John Massey (BM Catalysts) (front middle), Stefan Cartier (EMDA), Peter Lloyd (NatWest) and Mark Blinston (BM Catalysts)