Planned investment in machine tools

Pentaxia is set to expand, with more than 20 new jobs in the pipeline, and a move to 70,000 sqft of new manufacturing and office space later this year. The company says that plans for the new facility include investment in new machine tools. Enjoying growth of more than 60% during the past 12 months, Pentaxia has seen a rapid increase in demand for lightweight, high-performance components from its blue-chip customers. The company has had an offer accepted on a new site to the north of Derby, which will triple current production space. More importantly, the site covers six acres, which gives Pentaxia room to expand.
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