Power supply manufacturer announces £11.5 million Ilfracombe investment

manufacturing
TDK-Lambda UK | Business Action | independent North Devon business magazine | North Devon business news

TDK Corporation has announced an £11.5m investment package to redevelop its TDK-Lambda manufacturing facility in Ilfracombe, North Devon. The investment will be staged over the next three and a half years to increase production capacity by 50%.

The original factory was built more than 50 years ago with further expansion in the mid-1980s. While the company has invested heavily in new equipment and building upgrades over these years, including the addition of a £1 million EMC Centre in 2019, it is now time to redevelop the site. The redevelopment will increase manufacturing space, expand R&D facilities and radically overhaul and automate the end-to-end material flow.

TDK-Lambda healthcare power supplies are used in critical medical and laboratory applications globally.

“Since the COVID-19 outbreak, delivery quantities to certain healthcare and bio-diagnostic customers have increased by six to tenfold,” says Geoff Wilby, managing director of TDK-Lambda UK. 

Benefits of the investment will include:

  • 50% increase in production capacity
  • 46% manufacturing floorspace increase
  • 10% floorspace increase and colocation of Technical areas
  • Smart, lean storage facilities and AGVs for material handling implementation
  • Improved employees’ facilities, addition of health and fitness centre
  • Environmental improvements

The announcement is the latest boost to inward investment into North Devon, following Infrastrata’s £7 million acquisition of Appledore Shipyard and Premier Inn’s application to build a £6 million new hotel also in Ilfracombe.

Read Business Action’s interview with TDK-Lambda in the October / November issue of our North Devon business magazine.

• For details visit emea.lambda.tdk.com/medical.

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