A manufacturer of agricultural machinery has broken ground on a new factory in Spilsby after securing a £500,000 grant from the Greater Lincolnshire LEP.
Tong Engineering currently has sites in Spilsby and Wainfleet, but when the new production facility is complete the company will consolidate all its activities on one seven-acre site in the town.
The development is expected to create 26 new jobs.
The grant has been awarded by the LEP from its Greater Lincolnshire Growth Fund which offers match-funded grants of £150,000 to £500,000 to help SMEs in the region to increase productivity and create new jobs.
“Our exports have grown by 40% over the last five years,” said Tong Engineering’s Marketing Manager Carole Metcalfe. “We’re extremely busy and we need bigger premises to increase our production capacity.
“It’s very important to us that we stay in Spilsby where our business first began, so we’re pleased to have been able to purchase a suitable seven-acre site near the Vale Road Industrial Estate.”
Work started on site in early June and the £3.6 million first phase of the two-phase project is expected to be completed by spring 2020.
MD Edward Tong added: “With the support of the Greater Lincolnshire Growth Fund and East Lindsey District Council we are very pleased that we can finally break ground on a new factory.
“The project will help us to maintain the most advanced engineering practices, increase local employment opportunities and achieve our business growth ambitions.”