Composites

InCom expands productive capacity in the UK with the support of COFIDES

InCom Group, designer and manufacturer of composite materials for the production of aeolian blades, will strengthen its position in the United Kingdom with the expansion of the productive capacity of its affiliate in the UK. COFIDES has allocated Euros 750,000, debited to FIEX, as a co-investment loan to the specialised company InCom Composite Engineering UK Ltd.

Counting the contribution from Spain's development finance institution, total investment in the project is Euro 1.1 million. The specialised company will use the financing for equipment, machinery and working capital.

GROWING MARKET

The UK market for wind power is in a growth phase and expectations are that the trend will continue over the next few years. Robust customer demand, therefore, requires the company to expand its facilities and develop a new production line in a new plant that will be operational by end-2019.

This project will mainly impact Sustainable Development Goals (SDG) 12 (Responsible Production and Consumption) and 13 (Action for the Climate) since the InCom Group is implementing a system of nearby supplier selection and approval that aims to gradually reduce its carbon footprint. Moreover, the company produces materials ultimately destined for the production of renewable energy and the consequently reduced consumption of fossil fuel.

COFIDES President José Luis Curbelo underscored the Spanish company's commitment to innovation as the supplier to the main manufacturers of windmill blades and turbines. "For COFIDES, it is very important to support projects that enable the reduction of greenhouse gases and contribute to the global energy transition that is needed if the goals of the Paris Agreement and the SDG are to be met."

InCom CFO Rodrigo Gómez acknowledges the importance of this financing for the future of the Group and asserts that "the expansion of our productive capacity in the UK will allow us to continue to grow and take advantage of the opportunity for strong development that Spain is promoting, with a clear bet on wind energy. We accept this new challenge with a sense of commitment and responsibility, but also with the desire to stimulate the use of renewable sources of energy and sustainable consumption, both socially responsible values that define the InCom Group".

With headquarters in Elda (Alicante), Spain, the InCom Group is made up of three companies dedicated to the engineering, design and manufacture of composite materials to produce aeolian blades. The Group offers just-in-time service with a global reach that includes three production centres (Spain, UK and Poland), production joint ventures to which it provides support in China and India, as well as a consignment warehouse in the United States. The Group has a workforce of 900 and sells 75% of production in international markets.

Source: https://www.cofides.es/en/noticias/notas-de-prensa/incom-group-expands-productive-capacity-united-kingdom-support-cofides


InCom Group expands into larger premises in Andover

Multinational composite kitting and engineering specialist InCom Group is to move its UK operation to larger premises in Andover to accommodate continued expansion.

The company will relocate from its current base in Crown Way, on the Walworth Industrial Estate, to a dedicated 28,499 sq ft facility at North Way on the nearby Walworth Business Park, Andover.

Lambert Smith Hampton (LSH) and Stratfords Commercial secured the new tenant on behalf of the landlord, M7 Real Estate. Avison Young acted for Incom.

InCom Group, established in 1997, specialises in the engineering, design and manufacture of composite kits for the wind blade industry. It has operations in Spain, Poland, the UK, China and India. The new premises will be used for production, warehousing and distribution, employing 40 staff.

Dan Rawlings, Senior Surveyor – Industrial at the south coast offices of LSH, said: “InCom Group is a world leader in its field and a superb example of the high calibre of business that thrives and grows in the area.”

Alex Lee, Business Development Manager of InCom UK says, ‘We are very excited about InCom’s expansion into the new premises and are pleased to commit our long-term future to Walworth Industrial Estate.’


InCom was present at JEC World 2019

InCom stand at JEC World 2019

Last March from 12th to 14th, InCom was taking part in JEC World fair in Paris, which is considered the largest international composites event all over the world.

The presence of highly professional international groups from different companies took place at the JEC Composites shows, conferences and other meeting platforms and boosts. During the event, we participated and arranged several meetings with our current and potential partners from all over the world with the final aim of creating new business opportunities.

We are glad of having met with our clients and suppliers and have had the chance of meeting new ones.

InCom will be also present at JEC World 2020, in our commitment to continue promoting innovation and composites development within the worldwide community.