The investment allows the family-owned company to increase its supply to the UK construction industry from its site at Barugh Green, near Barnsley
Naylor has been manufacturing lintels - structural concrete beams - for more than half a century and has seen considerable growth over recent years.
The company has supplied schemes across the UK including The Old War Office at Whitehall, London and St James Shopping Centre in Edinburgh.
In 2015, the company moved from its previous leasehold site at Ossett, near Wakefield to a new nine-acre freehold site at Barugh Green, which has given the company space to expand. The new plant represents both the introduction of cutting-edge automation as well as a significant increase in capacity.
Edward Naylor, chief executive at Naylor Industries, said: “We’ve got ambitious plans for Naylor Concrete Products and the new plant will help our business fulfil its growth potential. The construction industry will be central to the UK’s economic recovery from the coronavirus crisis and we are proud to be playing our part.”
Naylor Industries last month announced a £5m funding package from HSBC UK to support the business through pandemic trading conditions and facilitate projects for future growth. The company used £2m for the lintel factory.
The business saw a downturn in its traditional construction markets at the start of the pandemic with over half its employees being put on furlough schemes. However, its cable filler and ventilation duct teams were busy supplying healthcare-related projects across the UK.
The lintel factory project followed an initial meeting between Naylor and Spanish machinery supplier Prensoland at Munich’s Bauma international trade fair in April 2019. Following a design phase, the equipment was ordered in December 2019.
Helen MacIntosh, Naylor’s development director said: “Building the new plant was not without challenge, as much of the work was underway when the coronavirus pandemic broke out.
“The project has been safely completed on time and on budget, with Prensoland manufacturing the equipment through the Spanish lockdown and local civil engineering and electrical contractors Shanco and Reids managing to recover time lost as a result of pandemic-related disruption.
“Most recently, a team of Spanish commissioning engineers visited Yorkshire to complete equipment installation and train Naylor personnel in plant operation procedures.
She added: “We are absolutely thrilled with the new plant and look forward to supporting our customers in the UK construction industry.”