Moseley Brothers on the move to Dudley
A Tipton company that makes pressings and press toolings is moving its main operation to Dudley. Moseley Brothers, which dates back to 1919, has bought a 33,000 sq ft factory on Blackbrook Valley Industrial Estate.
The £2.5 million expansion plans will see the company, which also supplies specialist engineering services, grow its national and international presence.
The company's automotive clients include Jaguar Land Rover and it also exports to countries including Germany, South Africa, China and Mexico.
It is set to make the move from Vaughan Trading Estate in Sedgley Road East later this year.
The expansion is being completed with support from accountants Chantrey Vellacott, the Black Country Local Enterprise Partnership's Regional Growth Fund - accessed through Sandwell Borough Council - and funding from Lloyds Bank.
Sister company GF Laser, one of the UK's premier laser cutting specialists, will also be re-locating to the new site.
Moseley Brothers managing director John Hickman, said the expansion to larger premises would significantly boost turnover and see the firm add to its 47-strong team.
"We've outgrown our current home and a move just three miles up the road is a perfect solution for us as it will not only give us much more space but also vastly reduce our infrastructure costs through owning our own premises," he said.
"We've enjoyed strong growth in our business over the last few years, both domestically and internationally, and we envisage the move helping us to raise our turnover from £3.5 million to around £5 million.
"The move will further strengthen our press tooling, repair and modification services and initially we'll be creating around ten new skilled and semi-skilled jobs as part of the expansion."
