Specialist manufacturing firm Atlas Composite Technologies is poised to make a substantial impact on job creation with the establishment of a state-of-the-art facility at Pride Park in Derby. This visionary move comes in the wake of a significant seven-figure investment and underscores Atlas’s commitment to meeting surging demand for its composite solutions. The 30,000 square foot building, strategically positioned across from the Derby County FC stadium, is slated to become operational by September, heralding a promising chapter in the company’s growth trajectory.
The pioneering establishment, which operates in the intricate realm of composite manufacturing, will not only solidify its existing prowess but also substantially bolster job opportunities. Initially, the new facility will generate employment for 30 individuals, a number projected to grow to more than 100 within the span of the next three years. This expansion holds substantial implications for the advanced manufacturing sector, offering a platform for highly-skilled professionals to contribute to an industry defined by innovation and precision.
Atlas Composite Technologies has carved a niche for itself by crafting complex composites that find application in a spectrum of sectors including aerospace, defence, medical, elite motorsport, and niche automotive markets. At present, Atlas operates across three sites in Ilkeston, Derbyshire, and the establishment of this new facility marks a pivotal milestone in the company’s strategic evolution.
Ben Swain, the Head of Commercial at Atlas, elaborated on the significance of the venture, stating, “The new facility takes our total footprint in Derbyshire to more than 90,000 square feet. It marks a significant milestone for our long-term growth strategy while also reinforcing our commitment to delivering high-quality products and services to our clients and helping to drive economic growth in the region.”
He further emphasized the multifaceted benefits of the expansion, citing the potential for the Ilkeston headquarters to evolve into a research and development center, thus driving innovation and amplifying manufacturing capabilities.
By situating the new facility in proximity to other industry leaders, such as Rolls-Royce, Atlas Composite Technologies strategically positions itself at the heart of a dynamic industrial hub. This deliberate placement aims to harness synergies and collaborative prospects that arise from coexisting with renowned manufacturing companies, thus bolstering its reputation as a reliable and innovative player in the composite manufacturing sphere.
The supportive partnership with WeDo Business Services group, marked by a substantial seven-figure investment last year, has been instrumental in Atlas’s ambitious expansion endeavors. The relationship has further blossomed, with Atlas poised to leverage not only financial support but also outsourced HR services provided by WeDo to enhance the recruitment drive and effectively meet evolving management needs.
In a testament to its forward-thinking strategy, Atlas expects this expansion to culminate in a turnover exceeding £10 million by 2024. With strong growth trajectories across sectors such as niche automotive, aerospace, and defence, the company is primed to contribute to the thriving landscape of advanced manufacturing, while simultaneously driving economic growth and fostering employment opportunities within the region.
The recruitment drive for a myriad of roles at the new Derby site, spanning manufacturing operatives to positions in engineering, quality, stores, and training teams, underscores Atlas’s commitment to nurturing a diverse and skilled workforce. As the new facility takes shape and operations commence, Atlas Composite Technologies positions itself at the forefront of innovative industrial solutions, fostering both economic prosperity and technological advancement in the heart of Derby.