Agricultural seed supplier the Dalmark Group is paving the way for a major expansion of the Eye-based business.
The group, based in Dalmark House in Eye, has just bought 1.1 ha (2.7 ac) of industrial land to the east of its current head office.
The business needs to ensure it constantly looks to the future.Peter Fox, managing director
The firm has refused to say how much it has spent on the acquisition but the purchase will almost double the size of its current Eye site.
Bosses say the land purchase is in addition to the group’s current £1.3m investment in office accommodation and recent £2 million investment in seed cleaning, treating and storage.
Managing director of Dalton Seeds, Peter Fox said: “The business needs to ensure it constantly looks to the future and has the capacity to service current and upcoming demand.
“This purchase ensures we have the land available for further expansion, be that in seed processing, storage or other strands to the business.”
The group’s annual turnover is about £80 million and net assets are £6 million plus.