Hickman Industries Ltd has announced £5m investment plans and will bring “new innovative timber products” to the housebuilding industry.
The Wolverhampton manufacturer, which makes flooring systems, door kits and MDF mouldings, was also praised by city mayor councillor Trudy Bowen during the official presentation of the company’s Queen’s Award for Enterprise.
Hickman has told its employees that it will open a new 42,000ft² manufacturing facility on its site in January, while plans for an extended suite of offices were “well ahead”.
The company also plans to open a new machining facility at its Fibercill MDF mouldings plant in Brierley Hill and confidence is high about a new export market in the Middle East.
Hickman is taking steps to obtain the ISO 14001 environmental accreditation in readiness to meet government demands for carbon free houses and its target for three million new houses to be built by 2020.
Managing director Mike Burlton made the announcement before Rachael Heyhoe Flint, deputy lieutenant of the West Midlands, who presented the Queen’s Award for Enterprise to John Stoker, chairman of Hickman Industries.
“The award has been justly won by Hickman Industries – a great British company of which Wolverhampton is enormously proud,” she said.
Mayor councillor Trudy Bowen said the company’s growth, which has seen turnover rise from £12m to £50m since 1999, was “truly inspiring”.
