TIMco, the independent supplier of screws and fixings, has reported an 18% increase in turnover to £16.1m, allowing the business to make further investments in people, warehousing and products.
The Nantwich-based company has invested in an improved 21,000 sq ft warehouse, which has been built to allow the business to extend its product range to more than 3,500 different lines as well as to further improve product availability.
The new facilities and increase in turnover has also resulted in TIMco investing in a new labelling and packaging facility as well as two new quality control departments in the UK and Taiwan.
The supplier has recently launched two new websites, www.timco.co.uk and www.timco.ie as well as employed five new members of staff.
Simon Midwood, managing director of TIMco, said: “We’re pleased to report such strong results in a competitive industry.
“We have worked hard as a team and are thrilled to be able to reinvest in the business ensuing we meet customer’s growing demands.
“Our new warehouse will allow us to provide an even better service to our customers and it’s great to be able to bring employment opportunities in the local area.”