Engineering company buys new premises
Venture Engineering, an engineering and fabrication company based in the Cotswolds, will expand into new premises.
Customers of the five year-old company include Rofgo, Aston Martin, Ford, Haas F1 Team, Redbull F1, Williams F1, Prodrive, Noble Automotive and Duncan Hamilton Rofgo.
The company will move into Unit 7 at Downs Road, Tungsten Park, Witney. This business park is 24-acres in size and located 500 metres from the new A40 junction.
Their new 15,000 sq ft unit will become the new premises for Venture’s motorsport engineering and fabrication company which is currently based in Bourton-on-the-Water near Cheltenham. This is expected to happen after March 2021, when construction of the unit is completed.
Adrian Perkins, director of Venture Engineering, said: “The move from Bourton-on-the-Water to Witney will aid the expansion of our business. Moving into Motorsport Valley and being near to the M40 are key to our plans.
“Tungsten Park was chosen as the area was perfect but also the build quality and relationship built with Tungsten over the past six months made our decision very easy. While motorsport is our background, we are gradually moving into other sectors including transport, battery power, architectural, automotive to name but a few, so this move to Witney will help us quickly achieve our growth goals.”
David Mole, associate development director at Tungsten Properties, said: “A warm welcome to Venture Engineering to Tungsten Park Witney. They will be joining a business community that is being built to cater for those companies which are experiencing business growth and looking for new, state of the art warehouse space.
“To have secured three businesses at our new project shows the strength of Witney as a business location in Oxfordshire.”
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