Stovax & Gazco’s £20 million investment into South West manufacturing is now well underway.
The company has been a long-standing business based at Devon’s capital city, Exeter.
Having signed a 15-year lease at Skypark, a 205,000 sq ft structure is now clearly visible from the roadside of the facility.
Exporting to over 25 countries with a range of woodburning, gas, and electric heating appliances, Stovax & Gazco has been operating for 40 years, employing over 300 staff at its Exeter facility.
Alistair Compton, managing director at Stovax & Gazco, said: “This is more than just a new building for us. We’ve outgrown our current premises scattered across Sowton, and this move crucially allows us a premium, state of the art, sustainable space to facilitate the expansion of our manufacturing and business operations under one roof.”
The building is set for completion in June 2022.
Ian Kingscott, group technical director at Stovax & Gazco, added: “The new facility will allow us to continue to invest in our world-leading research & development functions, with high focus given to renewable energy heating sources such as electric and hydrogen, all of which are part of our NIBE parent company’s ongoing vision and commitment to sustainability and environmental responsibility.”