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HRH The Duke of Kent KG Visit

29 Jan 2015 07:00

RNS Number : 4325D
Hayward Tyler Group PLC
29 January 2015
 



 

29 January 2015

 

Hayward Tyler Group plc

("Hayward Tyler", the "Company" or "Group")

 

HRH The Duke of Kent KG Visit Celebrates Expansion of Hayward Tyler Facilities in its Bicentennial Year

 

Hayward Tyler Group plc (AIM: HAYT.L), the specialist engineering group, is delighted to announce that His Royal Highness The Duke of Kent KG will today visit the Company's Luton factory to mark the formal commencement of the expansion works at the site.

 

Under the two year programme, capacity at Hayward Tyler's main manufacturing facility will be doubled with dedicated clean assembly areas and test pits being built specifically to cater for the civil nuclear and subsea market opportunities.

 

The visit of His Royal Highness The Duke of Kent KG comes as the business enters its bicentennial year. Hayward Tyler is able to trace its history back to 1815 when it began making hydraulic presses and soda water machinery.

 

Today, the Group designs, manufactures and services mission critical pumps that sit within power stations - both conventional and nuclear - and within the offshore operations of oil & gas producers globally. Its equipment is also used with Britain's nuclear submarine fleet.

 

Ewan Lloyd-Baker, CEO of Hayward Tyler, commented:

"Whilst we are exceptionally proud of our heritage, our eyes our firmly set on our future. We are therefore greatly honoured by His Royal Highness's visit today."

 

The latest expansion works at the Company are the result of the recently awarded £3.5million Regional Growth Fund and the management's turnaround programme over the last three years which has seen the Company returned to profitable growth.

 

 

Enquiries:

 

Hayward Tyler Group plc

Ewan Lloyd-Baker, Chief Executive Officer

Nicholas Flanagan, Chief Financial Officer

 

 

Tel: +44 (0)1582 731144

Akur Limited - Corporate Finance adviser

Tom Frost

David Shapton

 

 

Tel: +44 (0)20 7493 6548

FinnCap Limited - NOMAD & Broker

Matt Goode - Corporate Finance

Grant Bergman - Corporate Finance

Tony Quirke - Corporate Broking

 

 

Tel: +44 (0)20 7220 0500

 

GTH Communications Limited

Toby Hall

 

 

 

Tel: +44 (0) 20 7822 7493 / +44 (0)7713 341072

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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