Oldbury-based Glass Express Midlands Limited has announced plans to expand the business after it purchased rented premises in the town. The company also bought two adjoining buildings after securing a financial package from NatWest Commercial Banking and Lombard.
Directors at the glass merchant, which employs 25 people, said they were concerned about the business’ ability to grow from short-term leasehold premises on the Anglo African Industrial Estate.
A financial package was created by NatWest Commercial Banking, with additional support from Lombard. The company has now purchased the premises together with two adjoining buildings totalling more than 30,000 sq ft.
With the additional unit space, Glass Express Midlands Limited is developing a new blind system for usage in double glazed window units. The company has received several orders for the blinds, which go into production at the end of March.
Salinder Singh, managing director of Glass Express Midlands Limited, said: “At Glass Express Midlands Limited we pride ourselves on being able to manufacture and supply quality flat glass for a wide range of businesses and institutions. Our only limitation has come from the size of our premises and the short term lease.
"It became essential for us to invest in the company and purchase our current premises as well as the two adjoining buildings for the benefit of the business, our staff and our customers.”