A plumbing and heating company has moved to new premises and brought some of its production back to the UK after securing new funding from Barclays.
Minworth-based Tesla UK supplies plumbing and heating components to distributors in the UK and overseas and has relocated to a new base which provides it with 40,000 sq ft of warehousing, double what it had previously.
The additional space has allowed the business to bring the manufacturing of its cooker hose, its primary product, back to the UK, creating four new positions.
Tesla UK is a family owned business which was set up in 2008 by managing director John Hardcastle.
Since then, he has brought his sons David, Richard and Andrew into the company and also acquired two competitors which resulted in further growth.
Tesla UK now employs 25 people and is anticipating a £12 million group turnover this year.
John Hardcastle said: "Since the company began, we have enjoyed a fast period of growth which resulted in us having to move into bigger premises to accommodate the stock and increased workforce.
"This also allowed me to move production back from Pakistan to the UK and create jobs locally here in Birmingham.
"Finding the right premises was initially proving difficult but then these premises came available after another company pulled out at the 11th hour and we seized the opportunity.
"Ironically, I started my business career only 500 metres from here, some 27 years ago."
Lee Clarke, relationship director at Barclays Corporate in the Midlands, added: "We were introduced to John and the team at Tesla UK via an accountant and quickly built a good rapport.
"John was keen to complete on the purchase in a short space of time, and I was pleased that we were able to execute this deal at pace and ensure he secured the premises he wanted."
