CHAMBER PATRONS BIRMINGHAM CHAMBER’S LEADING SUPPORTERS
New site for Hiatt Hardware
Birmingham-based Hiatt Hardware UK Ltd has bought a new warehouse in Aston, thanks to a seven-figure funding package from banking giant HSBC. Hiatt, which manufactures
DIY products such as door handles, cabinet furniture, hooks, hook rails and has a workforce of 30, has used the funding to invest in a new 60,000 square foot warehouse, to increase its stock capacity and enable it to distribute a wider range of products to the trade market. As a result of the loan, Hiatt
will create around create 20 new jobs. Hiatt managing director
Ankesh Agrawal said: “Our long-term growth strategy is driven by providing a greater range of products to our customers. This six-year growth plan has been supported by HSBC through this new tranche of funding, ensuring we can continue to offer a diverse range of hardware supplies.
‘The new site puts us in a strong position for growing and expanding our business’
“The new premises will help increase the brand image of Hiatt Hardware and expand our capabilities by focusing on strategic long term growth. Hiatt Hardware continues to be the preferred choice for customers and this investment will help achieve a higher level of customer confidence, encouraging new opportunities. “Our existing site is nearing
capacity, but the new site puts us in a strong position for growing and expanding our business. HSBC’s support has helped us to turn our growth plans into a realistic goal.” Markus Keller, HSBC’s area
director for corporate banking in Birmingham, said: “Hiatt Hardware is a great example of a successful and ambitious British business, doubling its turnover in the last four years.”
18 CHAMBERLINK APRIL 2016
The home of chocolate: Paul Faulkner and Henrietta Brealey during their visit to Bournville
CONTACT: Stephanie Wall T: 0121 607 1783
A long-term future for Cadbury investment
its Birmingham workforce, has been put under the microscope by GBCC chief executive Paul Faulkner. He said: “More than £200 million has been injected
M
into the business in the last five years, £75 million of which has been invested since 2014 specifically to create new production lines in order to secure the next generation of chocolate manufacturing for Bournville. That’s significant investment and a firm indication that Cadbury’s owners have every confidence in its future.” Paul, who was accompanied by Henrietta Brealey,
policy director at the Chamber, while on a tour of the Bournville plant, where he was given an economic update by company officials, added: “Birmingham without Cadbury’s would be unthinkable. Which is why I was so delighted to learn that Mondelez is not only investing in new production machinery but also in research & development and the training of staff.” Only last year, Mondelez opened a new on-site
training suite, allowing it to teach its operators and technicians the new principles and ways of working needed to support the company’s investment
ondelez International’s multi-million pound investment in the Cadbury plant at Bournville, and its commitment to a long-term future for
‘A very significant investment and a firm indication that Cadbury’s owners have every confidence in its future’
programme. It has also embarked on an extensive people development programme for operators and technicians working on its ‘lines of the future’ (LOF) programme – and maintains its commitment to offering quality apprenticeships. “Many of these individuals have been with the
business for a significant number of years and have not experienced such a level of engagement, or indeed education and training, for some time,” said Scott Probert, Education and Training Lead. He added: “Their development programme has been designed and tailored to cater for both individual needs and the technical challenges synonymous with the new production lines, ways of working and the maintenance of a high performing culture.” To date, Mondelez has more than 30 apprentices
working at Bournville while it also has a number of vacancies for its August intake.
Accommodation is in the post
An artist’s impression of the new scheme
DSM, the Birmingham Heartlands-based demolition contractor, has cleared the site of the former Royal Mail sorting office in Coventry in readiness for a Coventry University student accommodation scheme. It is hoped that construction will start later this year
with the first rooms being handed over in time for the September 2018 intake of students. Currently, the developers, Barberry Developments,
are looking for a main contractor to deliver the planned 750-bed scheme, which will include five tower blocks, one rising up to 17 storeys. The design and build deal will be worth around
£38 million. Henry Bellfield, director of Barberry, which is jointly planning the project in Bishop Gate with Coventry University, said: “We hope the application for detailed planning consent will be successfully determined before Easter and we can begin construction later this year. Our target is to hand over the first rooms for the September 2018 intake of students.”
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