A steelworks manufacturer in Lisburn has announced it’s invested over £2.6m in new premises at an industrial estate in the city.
Vision Fabrications was funded by Danske Bank in its purchase of a five-acre plot of land at Knockmore Hill Industrial Park, which was then redeveloped into a new 25,000 sq ft factory for mild and stainless steel manufacturing.
The company, which was set up in 2017 by Barry Lyttle, designs, manufactures and installs a wide range of steelwork across sectors including rail, commercial, residential and hospitality.
The company has completed work on multiple large-scale projects in recent months, including the new Grand Central Station in Belfast where Vision Fabrications designed, fabricated and installed the main station structural steelwork, east stair platform, link bridge and tapered platform canopies.
Vision Fabrications said it is also using Danske Bank’s support to invest in the growth of its team, employing six additional members of staff, including a new head of operations. The company now has 35 employees with experience across stainless steel, mild steel and aluminium.
Mr Lyttle, the managing director of Vision Fabrications, said: “The purchase of the new Knockmore site is an exciting addition to the Vision Fabrications brand, allowing us to service the growing demand for steel fabrication, delivering high value and complex projects throughout the UK and Ireland from design through to installation.
“Working with Danske Bank has enabled us to comfortably expand our premises and invest in the growth of our team, with consistent support and engagement throughout our banking relationship.”
Paul Robinson, senior business manager at Danske Bank said: “The demand for steel fabrication remains high across Northern Ireland and Danske Bank is delighted to be providing support for Vision Fabrications as the business continues to expand and grow.
“Vision Fabrications has gone from strength to strength over the last few months, completing a number of high profile and exciting projects across multiple sectors. We are looking forward to continuing to work together and supporting them through this exciting new chapter, and as they continue to grow.”
In its most recently-filed company accounts – for the year to January 31 2024 – the company reported shareholders funds of £1m, up from £0.84m the year before.