There are many measures of business growth but few more obvious than the acquisition of new premises in order to expand operations. That’s what is happening at Magnet Schultz – and not just in our UK operation.

At Capital Park – our UK home for Magnet Schultz Ltd in Old Woking – we have recently taken over the adjacent industrial unit (Unit 2), had it refitted, and moved some of our team across the car park to make use of the new area – and free up some much-needed space in our existing premises. The latter is already being absorbed by the engineering design, marketing and purchasing departments.

This annex has given us another 2,500 square feet (250m²), split between workshop space on the ground floor and new office facilities on the first. It represents a floorspace increase of about 45% and we’re already feeling the efficiency improvement. The ground floor in Unit 2 houses our Electro Kabuki production line and bulk packaging storage; upstairs is now the sales and accounts operations. Units 3 & 4 are now the sole preserve of our solenoids and mechanisms operation.

Our German parent company, MSM (Magnet Schultz Memmingen) has also taken on new premises to facilitate expansion – but on a much larger scale. In fact, MSM is building another new hall – the third of three built in recent years (see photo).

MSM’s original premises are all in the town of Memmingen. The company then acquired land next to Memmingerberg Civil Airport and built two new halls. Now a third hall of 12,000m² is being built on the Memmingerberg site. In total, the surface area of the three halls at Memmingerberg equal the ten halls on the original site. MSM will move in to the new hall in Spring 2014.

So, it’s expansion all round for Magnet Schultz as we continue to grow the business here and across Europe.