Powerhose Technical of Abertillery was set up by Dave Morgan this year, and is now looking to grow into larger premises as business increases.
“We have seen a six-figure turnover earlier than predicted in the Business Plan, and this is really encouraging,” he said.
He now plans to take on extra space and invest in machinery to increase production capacity, broadening the range of products the firm can offer, and is also seeking ISO 9001 approval. Within three years, Mr Morgan aims to employ five people as the company develops.
Powerhose Technical makes products for a wide range of clients in pharmaceuticals, the semiconductor sector, food and other industrial uses, supplying customers throughout the UK.
With 16 years’ experience in the industry as an engineer and manager, he says he always had a passion for the technical side of the industry.
The company’s products are designed and built to the highest technical standards. “Our products have to fulfil demanding specifications, and so we use only the highest quality materials and methods of quality testing,” said Mr Morgan.
While Dave is in charge of the manufacturing and technical side of the business, administration support comes from his wife Laura.
The business received a ÂŁ1000 Kickstart grant, provided jointly by Tata Steel subsidiary UKSE and °¬˛ćAƬ County Borough Council.
The funds were used to buy equipment for the business. “It was very helpful and I am grateful for the support we have received in getting the business up and running,” he said.
Glyn Thomas, Manager in Wales for UKSE, said: “We are delighted to support Powerhose Technical, and pleased to see that they are working at a high level of technical expertise. As the business grows and takes on staff, it will add to the level of skills in the area. We wish the company every success.”
A °¬˛ćAƬ County Borough Council Spokesperson said: “°¬˛ćAƬ County Borough Council is delighted to be supporting another business expand in the Borough.
“The Kickstart grant will assist Powerhose Technical in purchasing new equipment to support expanding their business. We wish them all the success.
“We encourage new and existing businesses to contact the Council’s Regeneration and Economic team to discuss what initiatives and support is available to them; whether you are looking to set up a new business, discuss ideas or grow your business. Free business advice and support is available all year round via the Council’s business hub www.blaenaugwentbusinesshub.co.uk or you can email business@blaenau-gwent.gov.uk.”