Lighting designer and manufacturer Luxonic has revealed its plans to expand the companyâs headquarters in Basingstoke after the business hailed record financial results from what it called a “landmark year”.
Construction work has begun on the new site, which will include more than 17,000 sq ft of space and will be split into two areas – one for storage and the other for production. Production is expected to start early next year and be fully populated by the middle of next year.
Nick Tavare, Managing Director, commented: “We are all very excited for the Basingstoke expansion.
“At every stage of planning, the emphasis has been on building a hub for production that utilises lean manufacturing methods, and will improve the output efficiency of all our luminaires, whilst maintaining the high level of quality Luxonic is synonymous with.”
The expansion has come on the back of a “commercially and financially successful year” for Luxonic.
Earlier this year, the company celebrated its 30th anniversary with a rebrand and new offices in Glasgow and London.
After this came Luxonic posting record profits after sales soared past the £20 million mark for 2015/16, a rise of nearly 30% from the previous year.
TavarÃ© added: “Luxonic have had a fantastic 2016, with a fresh rebrand and new offices alongside unprecedented financial accomplishments.
“The Basingstoke expansion continues our rise as the UK’s leading luminaire innovator, and will allow Luxonic to keep producing forward-thinking, high quality products and delivering excellence in customer service into 2017.”
Two years ago, Luxonic expanded its production facilities in Basingstoke to meet a rise in demand for LEDs.
Soon before this the company completed a 10-month project, costing around £750,000, by consolidating its manufacturing on to one site at its Priestley Road headquarters.
Managing director Nick TavarÃ© said the work required extensive re-organisation of the factory, where two mezzanine assembly areas have been installed increasing the production area by 30 per cent. The investment also included new automated equipment.