Paintbox, a tier-one supplier to the UK automotive industry supply chain, has expanded its operations, taking an industrial unit along the London to Birmingham M40 in Banbury. The 37,332 sq ft industrial unit is situated on the Wildmere Road Industrial Estate, located at Junction 11 of the London to Birmingham M40 motorway.
Paintbox, founded in 1989, have carefully developed a unique mix of paint solutions and engineering services in response to the evolution of the automotive market and the exacting standards of the industry. The company has a workforce of more than 300 employees and has an annual turnover in excess of £40 million. Their new facility in Banbury will produce additional facilities for a specific new contract and will add to the company’s 150,000 sq ft state of the art production facilities in Birmingham and Banbury. Banbury is currently their engineering centre.
Chris White, managing director of White Commercial Surveyors, commented: “The automotive research and development industry plays an important and fundamental role on the M40’s economic development and Paintbox are a tier one and two supplier located in the centre of this automotive hub.
"White Commercial has an unrivalled understanding of the property needs of the automotive research and development industry which has been honed on their projects and consultancy with both F1, World Rally Championships and other automotive suppliers in the industry.”
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