A Leeds-based building products business is looking forward to boosting its sales by 35 per cent in the next three years following a £2 million investment in a new production facility.
Cromar Building Products has unveiled a new state-of-the-art facility, which allows it to make its own breathable roof underlays.
With the introduction of the new device, Cromar hopes to increase its turnover from £6.5 million this year to £8 million over the next 12 months.
The new gadget is housed within a newly built 7,500sq ft division at Northside Industrial Park, near Selby and is one of the most modern machines in Europe.
Mike Marshall, managing director of Cromar, estimates that annual sales will reach £10 million by 2012.
Cromar, which retails its products directly to building and roofing merchants, has a 10 per cent share of the UK market that annually uses 45m sq m of vapour permeable membranes.
Cromar was established in 1997 and currently employs 43 people. It manufactures and distributes a wide range of roofing related products such as liquid roof coatings and building chemicals.