“Parvalux has been a major employer in the Bournemouth area since 1957 and this is an incredibly exciting move,” says managing director, Nick Spetch. “We chose Cabot Lane because it uniquely enables amalgamation of our three existing factories to create a single purpose-built manufacturing centre and importantly, is easily accessed by our highly-skilled workforce.
“Following hot on the heels of the acquisition of Parvalux in December 2018, this significant investment underlines our parent company, maxon’s commitment to the local economy and to growing the global Parvalux brand.”
Parvalux has been making fractional horsepower geared motors for more than 70 years and is UK’s largest manufacturer of these products. It has been headquartered on the same site in Wallisdown Road since 1961. Parvalux currently employs about 200 people, most of whom are expected to move to the new site. In addition to three existing manufacturing sites in Poole and Bournemouth, it operates a service centre in Birmingham.
Parvalux’s new factory and headquarters in Poole will bring together activities from three existing sites
Parvalux was acquired by the Swiss motor manufacturer, maxon, in 2018, adding technologies such as AC motors and worm gearboxes to its portfolio, and expanding its activities in areas such as medical technology and industrial automation. At that stage, Parvalux was generating annual revenues of about £23m with over 40% being exported.
