LEADING oils and lubricants manufacturer Millers Oils is looking forward to a healthy outlook following a year of investment and development.
The headquarters in Rastrick Common, Rastrick, has seen the historic business improve sales, widen its range of services and pass the £25 million turnover mark.
In the past 12 months, Millers Oils has added oil filtration services - crucial for manufacturers using hydraulic systems - to its offering, and continues to increase sales of its wide range of automotive oils and lubricants products in the UK and across Europe.
The company is now set to open a state of the art research and development facility at its site later this year.
The new complex will allow Millers Oils to remain at the cutting edge of oil and lubrication technology for products used in motorsport, automotive and agricultural vehicle applications, as well as industry.
The company has also made a series of staff appointments in the past year to help continue a facility development plan and to improve the efficiency of its manufacturing processes.
Joint managing director Nevil Hall said: “We are well-known for our product innovation in the automotive sector and in the field of motorsport - where our products have given us the tag of ‘the masters of low friction’.
“However, it is in R&D and industrial services where we are expanding and we have gained a market position few of our competitors can enjoy.
“In the past five years we have doubled our turnover, increased services and maintained the very high quality of our products – all of this against the backdrop of the toughest recession in living memory.
“Where our competitors have scaled back operations or retreated from the UK market altogether, we have continued to innovate, supplying our expertise to the motorsport industry, automotive sector and to our growing list of industrial customers. And all the while we have been creating jobs by adding to the Millers Oils team.
“This hard work and perseverance will provide the platform for future growth and we are excited by what Millers Oils can achieve now we have a sector leading R&D facility in place.”