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Prism Medical UK to expand operations in Rhyl and Bridgend creating 50 new jobs

Welsh Government support has secured the long term future of Prism Medical UK in Wales where it is now set to expand its operations in Rhyl and Bridgend, creating fifty new jobs and safeguarding a further 135 jobs.

Prism Medical UK is a leading manufacturer and provider of specialist equipment for handling and moving patients with manufacturing sites in Kinmel Bay near Rhyl and Bridgend.

Earlier this year it acquired Mackworth Healthcare in Bridgend which operates in the same market specialising in developing, manufacturing and supplying slings, hoists and shower chairs.

The company, which has also acquired a number of businesses in the UK, had considered consolidating operations at existing sites with spare capacity to increase efficiencies and savings.

A funding support package of £363,000 from the Welsh Government has secured both sites with Prism Medical UK planning to expand both facilities which will safeguard 135 jobs and create fifty new jobs in total - 21 in Bridgend and 29 in Kinmel Bay.

Economy Minister Edwina Hart said:

"Welsh Government support was critical in maintaining both operations in Wales and I am delighted with the outcome that will retain and create skilled employment in Rhyl and Bridgend.

It means that Prism Medical UK – the market leader in its field - will retain a significant operation in Wales that will continue to support its aims and ambition to expand to become the pre-eminent supplier in its sector in the UK.

“The company has experienced remarkable growth recently, both organic and through acquisitions, and is a most welcome addition to the thriving Welsh life sciences sector.”

Prism CEO, Stuart Meldrum added:

“It is no secret that Prism is on an ambitious growth trajectory and the funding support package from the Welsh Government will hopefully allow us to fulfil our desire to become the first choice provider of equipment for people with a range of disabilities.

And with operations in both North and South Wales, Prism is also very proud to be generating a range of permanent and sustainable employment opportunities to local communities.”

Prism Medical’s two manufacturing sites are backed by a network of strategically located service centres providing national coverage across the UK.

The company invests significantly in R&D to continue to develop its existing products and bring new lines to market and works closely with clients and caregivers who use their equipment.

Its product portfolio, which is supplied to a range of care environments in the community, includes fixed and mobile hoists, shower chairs, slings, baths, beds, stair lifts as well as numerous other moving and handling products.

 

Channel website: http://gov.wales

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