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Job Boost as Tornado Wire Invests £1m

by wireworld on 08/07/2012 - 04:17 pm

Tags: Press Releases, Projects

A wire fencing manufacturer has invested £1 million in machinery and employed seven new members of staff as part of plans to launch a revolutionary type of fencing.


 


 


Tornado Wire, which employs 75 people and is headquartered in Bidford-on-Avon, develops fencing products for the agricultural, equestrian and industrial markets and was the first company to manufacture high tensile fencing in the UK.


 


 


The business approached Smith Cooper’s Birmingham office for audit and tax advice ahead of launching its latest innovation, Torus, a high-pressure bonded knot fencing with the strength to withstand the most extreme environments.


 


 


Through a close working partnership with the firm, Tornado Wire – which has an annual turnover of £14.5 million – was able to
purchase a new machine to manufacture the product and allow them to enter previously untapped markets.






Kenny Campbell, managing director at Tornado Wire, said: “Tornado Wire is a progressive business that is always looking at ways to innovate. It is a testament to the company that, even as the economy continues to flatline, we are in a strong position to create new jobs and further our programme of investment into new products like Torus.”


 


 


Jeremy Cope, lead partner at Smith Cooper’s Birmingham office, said: “Tornado Wire is an important employer in the Midlands and at its manufacturing site in Cumbria, and we are keen to support forward-thinking businesses like them to continue to grow. This latest machinery heralds a new era for the business as it enables them to move into emerging areas which will ultimately further boost their sales.


 


 


“Manufacturing is at the heart of this country and is vital to generating economic growth, so by working closely with the management teams of companies like Tornado Wire we can help to ensure that they have the right guidance and support needed to drive their businesses forward.”