Friday, December 13, 2024

Move to new premises offers space for company’s expansion

Relocation to business premises on The Point Business Park in Lincoln will give UK data measurement systems & electronics firm, HGL Dynamics Ltd, a new base from which to expand its operating division and recruit to accommodate business growth.

HGL’s move to its new Lincoln base at The Point Business Park follows the firm’s purchase of the freehold of Unit F – a 503 sq m (5,415 sq ft) detached, two storey, self-contained office building, with parking – through Eddisons incorporating Banks Long & Co, who acted as the sole agent on behalf of the vendor.

HGL – whose client base varies from household names in the aerospace & industrial gas turbine sectors to classic car restorers & drone manufacturers – has been based at Lincoln’s Lindum Business Park for more than ten years, but the firm has outgrown that space.

Julian Howden, Principal Mechanical Design and Production Engineer, said: “In logistical terms, we had reached full capacity at our original Lincoln site. The move to Unit F at The Point gives the team scope to design a floorplan and layout for improved flexibility, efficiency and ergonomics.

“Our Lincoln operation currently has a headcount of 16, but we have plans to recruit to meet business growth and our acquisition of Unit F gives us the space to do that.”

William Wall, who led Eddisons’ agency negotiations with HGL, said, “It’s a testament to the vibrancy of Lincoln’s business scene that companies like HGL are keen to reinforce their presence here by investing in property and recruitment.”

HGL is due to move in to Unit F at The Point Business Park later this year following a comprehensive fit-out programme.

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