NorthEdge supports Platinum Stairlifts to open a new state-of-the-art manufacturing facility

NorthEdge supports Platinum Stairlifts to open a new state-of-the-art manufacturing facility

Earlier this year portfolio company Platinum Stairlifts opened a brand new purpose-built manufacturing facility, Foundry Park in Keighley.

Platinum currently ships over 10,000 stairlifts a year to its network of partners across the UK, Europe, North America and Australia, however this new multi-million pound facility provides Platinum with the capacity to more than double production – supporting the business to serve the increasing demands of the global market.

Since our investment in 2018 the business has increased its headcount by 50% and now employs over 250 people throughout Yorkshire in highly skilled disciplines ranging from welding and fabrication, CNC machine operation, assembly and manufacturing quality through to CAD design and process improvement. Platinum expects the move to Foundry Park will create a further 30 new manufacturing jobs over the next six months, providing a platform for continued growth and development opportunities for the existing team.

As part of the move the team have focussed on improving production efficiencies and product quality, which led to Platinum consolidating three manufacturing sites into one and investing in technology and automation. The new facility also supports the business to deliver against its ESG objectives, including a circular heating system that re-uses the energy emitted from the welding bays to heat the building; a waste compaction system; and equipment that allows over 95% of unused paint from the production process to be recycled.

Nicola McQuaid, Director at NorthEdge, said: “This new facility is transformational for Platinum, and we are delighted to have supported the team to open a manufacturing centre of excellence. The investments made in new technologies and facilities enable the business to further improve product quality, reduce lead times and environmental impact and enhance the employee value proposition – all key components of the value creation plan.”

Clive Briscoe, Chief Executive Officer of Platinum, said: “NorthEdge’s support in our journey to open Foundry Park has been fantastic. They have encouraged us to be bold and challenged us to think about how the site can improve our employee proposition and environmental impact, as well as the focus on product quality, efficiency and capacity.

“We see Foundry Park as the perfect platform for Platinum, supporting us to continue our mission to give people the freedom to live independently at home, by building the best stairlifts and delighting our partners. “

Watch the video to see Platinum CEO Clive Briscoe discuss how Foundry Park underpins the future growth ambitions of the business:

For more information on Platinum Stairlifts, visit: https://platinumstairlifts.com/

For more information, please contact our press office at BIG Partnership - northedgepr@bigpartnership.co.uk