Feritech has announced that its new, state of the art facility just outside Falmouth in Cornwall, will be launched in June 2021. Covering an area of 3.5 acres, the new site will greatly increase Feritech‘s manufacturing capabilities and the services offered to both local customers and the company’s established global client base.
Founded in 2012, Feritech is a major player in marine tech and is now expanding into new tech markets, including aerospace. Over 90% of the company’s products and services are exported, with clients in more than 40 different countries.
Co-founder and Managing Director, Rob Ferris, explains: “This will be a brand new facility here in Cornwall for design and build of tech solutions for any market sector. We are looking forward to establishing a reputation as a design and manufacturing hub for innovative local businesses of all kinds, including start- ups and new product developers.
“The new multimillion pound facility offers everything from fabrication and machining to electronics and software development. We want to work in collaboration with a wide range of tech businesses in Cornwall, helping turn their innovative ideas into reality. This will be the largest facility of its kind in the South West and one of the largest in the UK, where all design and manufacturing services can be provided on one site, which means that projects can be completed faster.
“The new facility will be capable of handling up to 20 ton fabrications and is complemented with a brand-new machining hall which can produce all manner of precision machined parts. Feritech’s design, electrical, electronic and hydraulic capabilities will also be expanded in line with the increased subcontract projects that we expect to fulfil.
“Research and development within the offshore renewable energy sector will remain a primary operation of the company and this facility will allow Feritech to undertake new challenges within this sector, providing solutions for customers quickly, while also tightly controlling the quality of the process from start to finish – and all under one roof.”
“The new building has also been designed to prove that our industry can work in harmony with the environment. The facility will harvest its own water, use ground source to heat the offices, and a solar roof with power storage to generate its own electricity. The site will have over 5,000 trees planted and use a pond to capture all the surface run off from the site. This will act as a heat store and provide vital new habitats for wildlife.”
Matt Hodson, Marine Operations Director for Cornwall Development Company says:
“Ever since the company was founded, Feritech has been a leader, not a follower. They continually challenge themselves to develop world-leading products that break the mould. Companies like Feritech will be vital to our economic future, as we seek to recover from the impact of Covid while also grasping vital new growth opportunities.”