TP ICAP Group PLC

Regulatory Filings • Feb 12, 2018

National Storage Mechanism | Additional information

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RNS Number : 5196E

TP Group PLC

12 February 2018

12 February 2018

TP Group plc

("TP Group", the "Company" or the "Group")

OPENING OF ADVANCED MANUFACTURING CENTRE

TP Group (AIM: TPG), the specialist services, consulting and engineering group, is pleased to announce the official opening of its Advanced Manufacturing Centre ("AMC"), at the Dukinfield engineering facility in Greater Manchester.

The centre was officially opened on 9 February 2018 by The Worshipful The Civic Mayor of Tameside, Councillor Joyce Bowerman at an event attended by more than 30 guests.

The AMC has the latest precision engineering equipment including high-precision machine tools and metrology, which better positions TP Group to deliver complex engineering solutions in high value sectors. It is the result of investment in excess of £1.5m to upgrade the factory environment, install new equipment and recruit a highly-skilled team of operators and technicians. This investment enables TP Group to work on complex components required by lucrative sectors such as the UK nuclear supply chain, aerospace and defence, all of which are premium end markets for the Group.

Phil Cartmell, Chief Executive Officer of TP Group, commented:

"We are delighted to announce the opening of our Advanced Manufacturing Centre which further strengthens our ability to deliver complex engineering solutions across a number of sectors. 

"The investment we have made in this facility is focused on delivering our growth ambitions by adding value in sectors where we are already active, and gaining access to new markets through world-class capability."

For further information, please contact:

TP Group plc	Tel: 01753 285 810
Phil Cartmell, Chief Executive Officer
Derren Stroud, Chief Financial Officer
www.tpgroup.uk.com
Cenkos	Tel: 020 7397 8980
Mark Connelly / Callum Davidson
www.cenkos.com
Vigo Communications	Tel: 020 7830 9700
Jeremy Garcia / Fiona Henson / Emma Lord
www.vigocomms.com

Notes to Editors

TP Group is a services led consulting, technology and engineering business, providing through life support for complex equipment and systems. The Company's shares have been traded on AIM since July 2001.

This information is provided by RNS

The company news service from the London Stock Exchange

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