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Investment update from Minelco Ltd

Refractory grade magnesite
Minelco invests in the Refractory Products and Services plant in Flixborough UK
Construction work at the Flixborough site has commenced and is on schedule for the new warehouse to be operational early 2012.

The investment at Minelco’s site on the Flixborough Industrial Estate will increase the storage and production space for the companies Refractory products and will facilitate the expansion of Minelco’s technical facilities.

Bob Boulton, the CEO at Minelco (pictured left with Project Manager Ian Booth), sees the investment as a vital part to the company’s future growth, saying; ‘The development of our refractory products business has been very satisfying. From a difficult start we have gained an excellent reputation and the added capacity is necessary to facilitate growth.’

Minelco has engaged local contractor, Kim Barker to project manage the construction of the site and once it is operational it will generate up to ten jobs in the local area.

Stan Franey, Commercial Director and responsible for all refractory sales states: ‘The additional capacity will enable us to expedite several live projects that we are currently working on and ensure that we can meet future demands from our current and potential customers.’

The investment is such a boost for the local area that the local press have taken great interest in the progress.