Keith business LH Stainless Ltd to double manufacturing capacity and create new jobs
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A KEITH business is set to create ten well-paid jobs after moving to double its manufacturing capacity with fresh investment.
LH Stainless Ltd (LHS), which manufactures processing equipment for the distilling industry, has secured £149,000 investment from Highlands and Islands Enterprise (HIE).
That will allow the firm to begin the £745,000 project which will increase company turnover by more than £4.3 million.
The development of a new manufacturing facility at the firm's site near Keith will increase efficiency and capacity by consolidating all of its manufacturing into one location.
The combination of the new building design and more modern and high-tech automated machinery and plant will increase the volume and quality of the firm's manufacturing.
Steve Richards, senior development manager with HIE in Moray, said: "LH Stainless is a really important local employer of well-paid skilled labour in Moray.
"The company has grown steadily over the past 20 years or so and has both the ambition and clear potential to continue that growth.
“The increase in manufacturing capacity is a huge boost for the local economy and will provide great opportunities to retain young people in Moray through attractive career opportunities.
“I am very pleased we have been able to provide support for this project and look forward to continuing to work with the company as the project develops.”
Garry Fraser, director at LHS, added: “We’d like to thank Steve Richards and his team at HIE for their support throughout this project, currently our growth has been limited by our facilities so this new manufacturing facility will allow us to expand and create more high value jobs in the local area.
“This in turn means more work for the distillation industry in Moray can be sourced locally whilst also supporting our efforts to expand throughout the UK and internationally.”
LHS was bought by Stuart and Garry Fraser in 2000. It has grown from five employees to its current workforce of 45 across three sites in Moray.
