Your business in good company

Thredgards

Plastic injection moulding company Thredgards came to Alloa at the end of 2007 as part of an expansion.

The company, set up in the 1960s, had outgrown its Alva factory and was looking to move to bigger premises.

General Manager David Haswell said: “We were looking around at properties in Stirling and the surrounding area, and Alloa came out best for a number of reasons.”

An important consideration was cost: suitable property in Alloa was substantially cheaper than elsewhere - as much as half the price of Stirling itself.

And because Thredgards’ customer-base – the packaging industry and a number of prestige car manufacturers included – is nationwide, Alloa’s central location and superb transport links were also a factor. Rail connections received a major boost with the Alloa Railway Station, and the new Clackmannanshire Bridge made a huge improvement to road links, connecting with Edinburgh, Glasgow, Stirling, Perth, Dundee and beyond.

The move has certainly worked for Thredgards: since opening the new premises in Alloa’s Ward Street in January 2008, turnover has nearly doubled, with a lot of new business picked up and two extra employees taken on to help with the increased workload.

“We also have a lot more room here,” said David.

“Because we didn’t have to stretch ourselves unduly, we were able to acquire premises where we will have room for future growth.”

Finding the right premises was made much easier by Clackmannanshire Business, a body set up to promote the local business community.

David said: “During the relocation process the council and the agencies used by the council to help local business were very helpful and that was an important factor in us locating here. Without Clackmannanshire Business we probably would not have found this property.”