An expanding West Midland car parts firm has rented a 14,000 sq ft industrial unit in Coventry.
Automotive Trim Developments Ltd (ATD), which specialises in interior trims for the automotive, marine and aviation sectors, has taken Bay 1, 892 Charter Avenue on a five year lease. Property consultants Bruton Knowles advised the private landlord on the £55,000 a year deal.
Established in 2000 by managing director Brett Townsend, ATD employs 70 people at its production facility in Coventry with an annual turnover of £6m. Its customers include JLR, Jankel, Prodrive, Esteban and KAB.
ATD has acquired the new unit next to its existing premises to increase its production capability.
Geoff Solman, a senior surveyor at Bruton Knowles, said: “The UK’s automotive industry has turned its fortunes around and is enjoying something of a renaissance. ATD is a great success story and we are pleased to have played a part in the company’s expansion.”