£800k factory deal for Gabriel & Co
Birmingham-based Gabriel & Co is moving to a new manufacturing site in Smethwick. The engineering business, which manufactures alloy steel castings and machined castings, has purchased premises in Cornwall Road for £800,000, having spent the last 14 years operating from a rented factory in Tyseley.
The purchase of new premises and capital plant aims to help the company increase production and the size of castings manufactured at the foundry. The business also plans to increase its 36-strong workforce by up to four people over the coming months.
Colin Rodrigues, corporate partner at Hawkins Hatton, worked with the management team at Gabriel & Co to bring about a completion of the transaction in under four weeks.
John Gabriel, from Gabriel & Co, said: “The advice we received from Hawkins Hatton was instrumental in helping us negotiate the dilapidations and bring about a successful move to our new manufacturing base.”
Percy Gabriel founded Gabriel & Co in 1884. It says it is one of the country’s leading stainless steel manufacturers of castings and fabrications. The company produces a large range of street furniture and handrail systems for transport operators around the world.
