Sheffield manufacturer set for growth following acquisition of new site
A long-standing, family-owned Sheffield manufacturing business is set to create a super site following the successful purchase of a new site thanks to Mason Thomas Law.
Tufcot, which is based on Coleford Road in Darnall, has purchased a neighbouring site on Catley Road. The acquisition will enable the business to separate its manufacturing facility from its engineering facility, to further grow the company.
Cathy Thomas, solicitor and owner of Mason Thomas Law who advised Tufcot on the purchase, commented: “I am delighted at the successful outcome of the site purchase for Tufcot. Being able to assist them with their plans to expand the business further in Sheffield was wonderful to be involved in.”
Cathy and Greg outside the new building
Tufcot, a specialist manufacturer of composite materials and global distributor, will move the manufacturing division of the business to the new site following the demolition of an existing building. On the site, Tufcot will construct a new purpose-built, carbon-neutral facility.
Demolition of the Catley Road building is expected to commence next year ahead of construction of the new site.
Once completed, the new super site will increase capacity at Tufcot by 50%, enabling the business to grow its workforce by 10% over the next three years.
Greg Majchrzak, Managing Director of Tufcot said: “It has been a nail-biting 12 months securing the new site, but now that we have it, we can forge forward with our plans for business growth.
“Cathy and the team were very supportive throughout the purchase. Mason Thomas Law was recommended to us by CMP Legal and now I wouldn’t hesitate to use them with any future property transactions,” added Greg.
Since the business was established 42 years ago, we have grown year-on-year, reinvesting heavily in both equipment and people. The new site takes Tufcot to another level. I am really excited by the projected growth of the company over the next five years.”
Tufcot was established in Sheffield in 1981 by three former employees of British Steel. From just one machine and operating out of a garage, the company now has 120 machines and employs more than 50 people.
Greg added: “We are a very proud Sheffield business. This is where we were founded and will continue to be based.”
If you’re looking to purchase new commercial premises, Mason Thomas Law’s specialist team can help. Speak to them today on 0114 294 5360 or get in touch with us here.
For your composite bearing material and application requirements, you can call Tufcot on 0114 2442363.