Construction Sector Growth Targeted by Furniture Manufacturer

Posted on 4 January, 2016 by Chris Grigorovsky

With the recent resurgence of optimism in the construction sector, Godfrey Syrett, North East furniture manufacturer, has responded by launching a new division dedicated to serving the construction industry.

Construction Sector Growth Targeted by Furniture Manufacturer

A new Fitted Furniture Division is set to launch this month, with its main focus being to work with main contractors both regionally and nationally in order to deliver bespoke furniture solutions for new build projects within the commercial, hospitality, healthcare, defence and education sectors.

The firm, which employs 220 staff, has manufacturing and distribution hubs in Durham and Killingworth. This has the capability of delivering large-scale fitted furniture projects, working in partnership with contractors from design conception through to manufacture and installation.

Its new division is being pushed forward as part of a wider five-year growth plan, where it aims to increase turnover from £25m to £40m as it targets new sectors.

Derek Mitchell, head of the Fitted Furniture division, commented: “We have witnessed the constructions sector’s return to growth over the past few years and believe it will continue to figure prominently in the improving economy, with year-on-year growth expected.

“In launching the new division we are positioning ourselves to capitalise on this opportunity, whilst providing a specialist service to deliver tailored fitted furniture solutions to major construction projects.”

A report from the Construction Industry Training Board, Blueprint for Construction 2015-2019, highlights the ‘big construction comeback’ that’s set to commence, saying that the UK construction market is expected to see an increase in average annual growth of 2.9% over the next five years. The North East commercial sector is likely to average increases of 3.8% per annum following new investment.

Managing director at Godfrey Syrett, Neil Tweddle, concluded: “As a long-established manufacturer we can offer stability and flexibility to contractors, allocating dedicated production and resources in advance of major projects to ensure they are fulfilled within budget and on programme.”

Godfrey Syrett has already completed installations for a number of constructions projects, including The Curzon building at Birmingham City University on behalf of Wilmott Dixon Construction.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants

BA cuts 12,000 jobs, unions hit back

Media Streaming Service See Record Subscriptions

Covid-19 Causes Millions To Claim UK Furlough Scheme

America, Amazon Wants You!

UK Firms Battle To Survive

COVID-19 Grounds EasyJet Fleet

ECB Emergency Fight Back Aganist Covid-19

Aldi’s Expansion Plan

British Steel on the verge of collapse with over 20,000 jobs at risk

Paris watches as flames engulf one of France’s most famous landmarks

Debenhams on the brink of administration as board reject Ashley’s bid

Emmanuel Macron pushes for a new Europe with European Parliament elections on the horizon

Brexit impacts property market

Brexit uncertainty impacts the property market