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REID Lifting announces new factory plan

REID Lifting, award winning business, designers and manufacturers of a range of lightweight portable gantry and davit cranes, is investing in a new factory with Welsh Government support.

Economy Minister Edwina Hart, on a visit to their site, announced the Welsh Government is providing business finance towards the project.

The investment will enable REID Lifting to expand into larger purpose designed premises providing greater capacity for both its current requirements and future growth.

Following a tour of the facility, the Minister said:” REID Lifting is a success story – it has consistently invested in the development of a range of highly innovative lifting gantry cranes that have been used by such diverse organisations as Thames Water, the Vatican, Rolls Royce and London Underground.

“I am pleased to support their expansion that will enable the company to continue with its growth plans, create skilled jobs, bring more business to its local supply chain and continue to expand its exports market.”

Managing Director Nick Battersby said: “This expansion is vitally important for our future growth as we need to increase our design and manufacturing capacity to meet the growing and forecast demand for our products. The new site will enable the company to make improvements in manufacturing operations, increase efficiency and productivity.”

The company has won an incredible three Queen’s Awards for Enterprise – two last year for international trade and innovation and one in 2006, again for innovation. It was voted Company of the Year at the Monmouthshire Business Awards 2013 and is shortlisted for this year’s Made in Wales, Manufacturing Innovation Award.

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REID Lifting receive visit from Economy Minister Edwina Hart
Gantry crane demo for Economy Minister Edwina Hart at REID Lifting
Edwina Hart, Welsh Minister, visits REID Lifting factory in Chepstow
Economy Minister Edwina Hart visiting REID Lifting factory
Gantry crane demonstration for Edwina Hart at REID Lifting factory