Wisbech sees a £2million expansion and 30 jobs

A Wisbech tech firm has invested £2million in expanded premises – and announced plans to recruit 30 new staff.

Anglia Components has officially opened Phase 2 of its expanded distribution centre in Sandall Road.

The opening ceremony was attended by Frank Wolinski, regional vice president of channel sales at STMicroelectronics, one of the world’s largest semiconductor manufacturers, which Anglia has worked closely with for more than 20 years.

The major investment has allowed Anglia to add an adjoining building to its distribution and operations centre, increasing the area from 43,000 square feet to 70,000.

The new facility expands the overall inventory storage space by 40%.

Anglia will also be recruiting 30 new staff to its sales, technical, operations and logistics teams, most of which will be local to the Wisbech area.

The measures are part of a plan to grow the business from the current level of close to £100million, to £150million and beyond.

Anglia celebrated 50 years' trading in Wisbech in 2022 and more than 100 of its 150-strong team are based there.

CEO Steve Rawlins said: "Anglia has achieved a compound annual growth rate of 25% over the last two years despite the challenges in the global economy and in the industry.

"We now plan to grow further.

We have scaled up our distribution centre to allow us to continue to increase our inventory levels as our business expands."

Mr Wolinski added: "I am honoured to have been invited to open this new building, a key point in Anglia’s history.

Anglia has been our demand creation distributor of the year for two years running.

"Their strong team work exceptionally hard to develop opportunities with customers.

The expanded facility in Wisbech means that they can continue to hold the levels of inventory needed to support customers once these projects go into production.

"I wish Anglia every success in their continued growth and look forward to playing a central part in their plans."