Marshalls announces investments of over £30m in 2021
Leading hard landscaping business Marshalls is investing more than £30m this year to increase capacity for existing product ranges, build on its sustainable processes and boost product and digital innovation. One of the largest investments will be at the Marshalls site in St Ives, Cambridgeshire, where the installation of a dual block plant is expected […]
Jan 18, 2021
Leading hard landscaping business Marshalls is investing more than £30m this year to increase capacity for existing product ranges, build on its sustainable processes and boost product and digital innovation.
One of the largest investments will be at the Marshalls site in St Ives, Cambridgeshire, where the installation of a dual block plant is expected to increase site capacity for the South East region and operational network as a whole. The investment, £20m over three years, will fund the installation of exclusive patented machinery; Marshalls will be the first in the UK to install the technology. Not only will this project increase capacity but it also represents a significant investment in new product innovation from Marshalls, enabling more diversity of unique finishes and increasing customer choice.
Martyn Coffey, Chief Executive of Marshalls plc, said:
“St Ives is an exciting investment for Marshalls and along with our other investments reflect our commitment to continually develop and strengthen our product offer. By investing heavily in our UK manufacturing capabilities we are giving our customers more opportunities to source products from mainland Britain, which reduces lead times and the impact their projects have on the environment. This is a key part of our investment strategy and our sustainability work too.”
In terms of sustainability, this year Marshalls will implement new methods to significantly reduce plastic packaging and also increase the number of solar panels used at key sites. These initiatives will help the business to achieve the ambitious Science-Based carbon reduction targets that it set in 2020.
Martyn added:
“These projects will transform our customer offer and, combined with a series of digital innovations to improve customer experience online, will support not only our growth but that of our commercial customers. We look forward to sharing more details as projects progress.”
Marshalls latest Trading Statement, released on 13th January 2021 can be found here.
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