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Gloucestershire Business News

Engineering firm moves into new Cheltenham facility

Steam solutions specialist TLV Euro Engineering has expanded its UK operations with the opening of a new 6,000 square feet warehousing facility in Cheltenham.

It is hoped that the move to the new site at Furlong Business Park in Bishops Cleeve will present fewer Brexit-related issues for its customers, increase its stock holding and strengthen ties with its parent company in Japan.

TLV Euro Engineering general manager Michael Povey said: "As we neared the end of 2020 it became clear that, whatever the outcome of a trade agreement between the UK and European Union, our customers would benefit more from the trade agreement reached between the UK and Japan.

"Until recently, we had partnered with our sister company in Germany but knew very early on that any trade agreement with the EU was going to present issues.

"We weren't willing for these issues to lead to increased prices for our customers so, as 31st December 2020 approached and we learned more about the proposed import/export processes our plant in Germany would have to implement, we put our post-Brexit plan into action and forged ahead with plans to import stock directly from Japan."

TLV Euro Engineering has now formally entered into trading partnership with its parent company and manufacturing facility in Japan. This move will see the company increase its stock holding of steam system solutions in the UK from £150,000 to £800,000 worth of stock.

The investment in its UK operations and near 450 per cent increase in stock meant the company had to worked tirelessly throughout the recent Christmas shutdown to ensure its new facility was fully stocked, operational and despatching orders by the start of business in the New Year.

Now fully operational, the Cheltenham site holds more than 1,000 steam system parts available ex-stock and, in many cases, for next-day delivery.

For further information, call TLV Euro Engineering on 01242 227223, email sales@tlv.co.uk or visit www.tlv.co.uk.

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