Peikko starts manufacturing activities in the United Kingdom
Peikko Group’s team in the United Kingdom will start the first steps of manufacturing in a newly established premises in the town of Newton Aycliffe, some 50 kilometers south of Newcastle. Peikko has had its own Sales and Engineering team in the same area since 2006.
The premises comprise a production area of some 3,000 m2 and a large yard area for storing products. The first products to be manufactured are related to precast connections, such as HPKM® Column Shoes and HPM® Anchor Bolts. Once the operations are stabilized, the intent is to expand the product offering and scale of operations rapidly in the years to come. It is estimated that the manufacturing will be started during Q1-Q2/2022 with a team of 10-15 employees.
- To be able to serve our British customers and grow the business further in the environment of increasing logistics costs and import documentation, it is imperative for Peikko to have a more local approach. We also believe that we can grow our customer loyalty considerably by improved service levels. I am happy on our first steps of British manufacturing, and at the same time very proud that Peikko’s products now also have a Made in the UK label, says Topi Paananen, CEO, Peikko Group Corporation.
Further information:
Topi Paananen, CEO, Peikko Group Corporation
Mobile +358 50 384 3001, e-mail topi.paananen@peikko.com
John Metcalfe, Managing Director, Peikko UK Ltd.
Mobile +44 776 466 0906, e-mail john.metcalfe@peikko.com
Peikko Group in brief: Peikko Group Corporation is a leading global supplier of slim floor structures, wind energy applications and connection technology for precast and cast-in-situ construction. Peikko’s innovative solutions offer a faster, safer, and more efficient way to design and build. Peikko has sales offices in over 30 countries in Asia-Pacific, Europe, Africa, the Middle East, and North America, with manufacturing operations in 12 countries. Peikko generated a turnover of EUR 240 million in 2020. Peikko is a family-owned and managed company that employs over 2,000 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information: www.peikko.com.
