Crittall announces significant capital investment
Significant capital investment in advanced production equipment and renewable energy announced by Crittall.
It comes at a time when the company’s forward order book is looking extremely healthy both in terms of the home and US export markets.
Heading up the programme is an order for an advanced £140K Gianos CNC Machining Centre from leading Italian manufacturers MECEL. This will boost production efficiency and flexible machining operations across the entire range of products produced at Crittall’s factory in Witham, Essex.
This will be the first Gianos model to be installed in main land UK.
Reflecting a dual commitment to meet its environmental responsibilities and also dramatically lower its energy costs Crittall is installing a cutting edge Solar Photovoltaic Array onto its main factory roof. One thousand 1000 Solar PV panels will provide a peak rating capability of 250 kWp and the electricity produced will contribute to reducing the overall energy expenditure of the business with all the power generated being consumed during normal production operations. There is also the opportunity to export energy back into the grid during the evenings and weekends.
The £1/4m array, which will be installed before the end February 2015 provides, CO2 savings of approximately 140 tonnes per year.
Commenting on the investment programme, John Pyatt managing Director said, “The circa £250k green energy investment makes perfect sense as it has a payback of less than 6 years, with a stable year on year contribution to our energy demands over the next two decades. This, combined with the continuing acquisition of innovative production equipment, is an indication of the confidence we have in the markets in which we operate”