The Colchester branch of the car parts and exhaust distributor EU Ltd has relocated. The company have invested over half a million pounds in the purchase and refurbishment of the new premises, just a stone’s throw from their previous rented location on the Whitehall Industrial Estate.
The new premises will be the permanent home of EU, which comes 10 years after they were forced to move on to the Whitehall Industrial Estate when the Cowdray Centre burnt down.
The new site offers a dedicated sales counter and the same fantastic service and extensive range of steering and suspension items alongside more specialised electrical and ignition components, catalytic converters and exhaust pipes.
Managing Director of EU Ltd, Richard Shortis said: “Owning properties gives us a far more substantial financial footing than most of our competitors who rent and lease their sites and also means our valued staff enjoy a higher level of job security. This purchase was done without borrowing and as part of the ongoing investment in the company.”
Also re-locating this month is Johnson Matthey Battery Systems. JMBS is a Lithium-ion battery system supplier, and the firm’s current facilities in Dundee and Coventry will be relocated to the new site which will house an electro- chemistry laboratory, a BMS laboratory and small-scale production facilities. All UK staff will now be based in Milton Keynes.