24.11.2011
Convergence investment will support David Paull (CNC) Engineering Ltd’s growth through the acquisition of Parker Maxam’s premises at Treleigh Industrial Estate and a contract to produce manufactured parts for the Parker Maxam facility in France.
Following expansion over many years, precision engineering firm DP Engineering Ltd has outgrown its current premises and will need to relocate to achieve its growth plan. An opportunity has arisen to purchase Parker Maxam’s premises at Treleigh Industrial Estate, where DP Engineering is based, and to acquire a contract to produce manufactured parts for delivery to Parker Maxam in France.
ERDF Convergence investment through the Grant for Business Investment will support the acquisition of Parker Maxam’s premises, which are currently leased from the HCA, the recruitment of at least 12 of Parker Maxam’s current employees and secure the existing capital equipment to continue production at Treleigh Industrial Estate, Redruth.
Related links
A - ERDF Convergence - £150,000
B - DP Engineering Ltd - £603,000
View other investments within the theme Strengthening business.
David Proctor
Managing Director
David Paull (CNC) Engineering Ltd
01209 217 400
Richard Hoskin
ERDF Programme Delivery Team
Dept for Communities and Local Government
0303 444 6576