New Penny facility will bring new jobs to home town
5 May 2016Penny Hydraulics based in Clowne, UK, has said that a new warehouse, production facility and new office building will allow it to increase stock and employ new design staff.
The company said 10 new job opportunities over the next two years will include mechanical engineers, administrators, welders and fabricators.
The firm currently employs 90 people, over 90% of which are from Clowne and its surrounding villages.
Following a record year in sales, Penny Hydraulics is set to better this again in 2016 with the end of year turnover set to exceed £7m.
A new line of over 470 hydraulic vehicle mounted cranes added to the existing crane range in April 2015 has also played its part.
The business remains family owned and is currently run by 2nd generation family members and a board of Directors. Robin Penny, son of founder John Penny and current MD of the company, says: "We have to continually invest in the people, the systems and the site that make up our business."
