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Wren Kitchens to create 1,200 new jobs | Wren Kitchens to create 1,200 new jobs |
(about 2 hours later) | |
A kitchen company says it plans to create up to 1,200 new jobs as part of a £120m expansion. | A kitchen company says it plans to create up to 1,200 new jobs as part of a £120m expansion. |
Wren Kitchens is planning to build a new factory at its headquarters in Barton-upon-Humber, North Lincolnshire. | Wren Kitchens is planning to build a new factory at its headquarters in Barton-upon-Humber, North Lincolnshire. |
The firm currently employs 1,500 people at the site, with another 1,000 workers in nearby Hull, Howden and Scunthorpe. | The firm currently employs 1,500 people at the site, with another 1,000 workers in nearby Hull, Howden and Scunthorpe. |
Managing director Mark Pullan said the new factory would be "the largest single investment" in the company's history. | Managing director Mark Pullan said the new factory would be "the largest single investment" in the company's history. |
"The new factory demonstrates our commitment to manufacturing in the UK and particularly the Humber Region," said Mr Pullan. | "The new factory demonstrates our commitment to manufacturing in the UK and particularly the Humber Region," said Mr Pullan. |
"We believe that continual re-investment in our business is essential to maintaining our current growth rate and subject to receiving planning approval, the project will be funded internally." | "We believe that continual re-investment in our business is essential to maintaining our current growth rate and subject to receiving planning approval, the project will be funded internally." |
The company, established in 2009, supplies kitchens direct to the public via a chain of 78 showrooms. | The company, established in 2009, supplies kitchens direct to the public via a chain of 78 showrooms. |
Matt Walton, a retail analyst at GlobalData, said the company's success in the industry was the result of "a very aggressive marketing approach within its stores". | Matt Walton, a retail analyst at GlobalData, said the company's success in the industry was the result of "a very aggressive marketing approach within its stores". |
"Wren's been one of retail's big success stories over the last five years - sales going from just over £200m in 2014 to just under £500m in 2018 - on the back of quite rapid expansion opening 26 stores across the country," he said. | "Wren's been one of retail's big success stories over the last five years - sales going from just over £200m in 2014 to just under £500m in 2018 - on the back of quite rapid expansion opening 26 stores across the country," he said. |
"It's currently the market leader within kitchens, overtaking B&Q a couple of years ago, so it has the potential to keep going." | "It's currently the market leader within kitchens, overtaking B&Q a couple of years ago, so it has the potential to keep going." |
David Cooper from Hull and Humber Chamber of Commerce said: "It's clearly a massive vote of confidence for the area and will bring some much needed jobs to North Lincolnshire at a time when some people will be worried about their future with other companies." | |
He said some businesses were "delaying investment decisions during this period of economic uncertainty". | He said some businesses were "delaying investment decisions during this period of economic uncertainty". |
Last month Scunthorpe-based British Steel was placed into compulsory liquidation, putting 5,000 jobs at risk and endangering 20,000 in the supply chain. | |
It followed a breakdown in rescue talks between the government and the company's owner, Greybull Capital. | |
You may also be interested in: | You may also be interested in: |
Wren Kitchens said it expected to submit a planning application for the new 910,000 sq ft (85,000 sq m) factory soon. | |
Follow BBC East Yorkshire and Lincolnshire on Facebook, Twitter, and Instagram. Send your story ideas to yorkslincs.news@bbc.co.uk. | Follow BBC East Yorkshire and Lincolnshire on Facebook, Twitter, and Instagram. Send your story ideas to yorkslincs.news@bbc.co.uk. |