Boiler-maker Hoval is expanding its Newark premises at the Harlaxton Estates Malt Park development, off Northgate
An international bolier-maker is expanding its Newark premises.
Hoval is a market leader in the development of new technology that assists in the retention of heat within large structures such as warehouses and supermarkets
The units built at Newark are part of larger systems that take the heat out of air as it leaves premises and retains it.
It is then mingled the new air being drawn in that would otherwise be cold.
If the air were not recycled, it would go stale.
The UK general manager for Hoval, Ian Dagley, said the technology made for efficient heating, reduced carbon emissions and carbon footprints, all of which has been a requirement of building regulations for larger premises since last year.
Hoval is part of the Harlaxton Estates Malt Park development, off Northgate.
While Hoval owns its premises, Harlaxton Estate built its existing warehouse, which is leased to Hoval, and the extra space under construction will be operated under the same arrangement.
Mr Dagley said the energy recovery units were proving so successful they needed extra capacity to store them to keep the manufacturing process moving.
"Unlike the boilers, which can take longer to manufacture, they need to be out to the customer in three weeks," said Mr Dagley.
"We need to increase our storage capacity.
"We need to keep the factory flowing.
"If you don't keep the factory flowing, you can't fulfil your commitments and you don't get the business."
Hoval has been in Newark since 1887 and is the UK arm of an international manufacturer.
It has introduced some production lines operated by robots, part of what Mr Dagley describes as the company's ongoing significant investment in the town.
Hoval employs 91 people in the UK, 35 of whom are based in Newark in manufacturing or in the offices with the rest in sales and maintenance.
Mr Dagley said the new warehouse demonstrated a further commitment to Newark and offered greater stability to the workforce.
The managing director of Harlawton Estates said it was much-needed warehousing space, and represented around 66% increased capacity.
"Hoval came to us to see what we could do to expand their facility," he said.
"This is great news for Newark in the fact that it cements a prominent and successful company's position in the town.
"It strengthens Newark's relationship with Hoval.
"Everything should be completed by late February."
Harlaxton Estates has Mole Valley Stores, Leo's Play Centre, Code Fitness and Hoval as part of its Malt Park.
It developed the building occupied by Minster Vets too, before selling the premises to Minster Vets.