A NEWTON Abbot business is celebrating a £1million expansion project coming to fruition — and it is on the lookout for apprentices.
Teignbridge Propellers, based at Brunel Industrial Estate, has grown its headquarters by almost a quarter and has invested in new equipment to be at the forefront of the marine propulsion manufacturing industry.
The investment will create at least six jobs and add to its workforce of 90.
The British-owned firm, which makes propellers, rudders, and shafts to be exported to the world's commercial and leisure boat builders, has expanded the south and north end of the factory by around 20 per cent.
Additional lathes have been purchased to make larger propellers, shafts and couplings, new foundry equipment has been sourced to double its melting capacity to seven tons.
"The company's recent investment expansion and increased capacity are achieving fantastic results," said Mark Phare, sales and marketing director.
"We are able to penetrate new sectors of the international market and build on our strong global brand.
"The company has a healthy order book and the future is extremely positive for the company and its employees."
In May this year, the company embarked on a 12-month growth project with the help of a regional growth fund through Plymouth University and the West Morning News Local Enterprise Partnership.
This will see the creation of at least six jobs, some at apprentice level.
"We've had three successful apprentices and want more but we are having trouble recruiting," said Mark.
"Years ago a lot of people used to undertake apprenticeships, but currently there is a real skills shortage so we are training the engineers of the future via apprenticeships."