South Yorkshire manufacturing firm expands operations with Barclays funding

Pyronix Limited, a manufacturing business, has launched a new manufacturing facility after securing funding from Barclays.

Pyronix, based at Braithwell Way, Rotherham, was established in 1986.

The company designs and manufactures security equipment and exports to over 70 countries worldwide. Over the past 20 years, Pyronix has grown for being a single detector manufacturer to a world leading provider of security equipment.

Pyronix, which is expected to achieve £23m turnover by year’s end, employs 155 staff across South Yorkshire with an additional 40 at the new site.

Julie Kenny, chief executive of Pyronix Limited, said: “We purchased the new site last year and have now completed the development of our second site at Lowton Way, Rotherham which has provided an additional 19,000 sq ft factory space.

“We now have the capacity to triple our manufacturing operations and have commenced production in Rotherham of products which we previously contracted out to the Far East. The new facility also provides the business with flexibility for further expansion in the future to support the very positive sales growth we’ve seen in recent times.

“We’ve managed to buck the trend and have been growing organically in the UK as well as exporting globally. With low interest rates we decided the time was right for this planned expansion. Barclays funding, together with a Regional Growth Fund grant have enabled us to us to increase our manufacturing facilities and capability. It’s great working with a bank that understands our business and can provide a holistic solution for both our operations and future ambitions.”

Matthew Chenery, Barclays relationship director, commented: “We’ve been supporting Julie and her business for many years, and through our funding support, and the tireless work of Julie and her team, it is great to see such a fantastic new manufacturing facility open in Rotherham. Pyronix is a superb business that is crafting innovative products for the worldwide market and the management’s ambitious growth plans are testament to their success.”