8th April 2020
Due to rapid recent growth and strong forward customer demand, Insensys has leased additional facilities to enable us to continue our expansion. The new offices at Manor Court are 2 minutes walk from our existing Kingdom Close facility, and will house our Engineering, Finance, Management and business support functions. Employees will start to occupy Manor Court in line with UK Government lockdown guidance.
This move has enabled us to modify our Kingdom Close facility for entirely production activities and increases our production space by 35%. We have invested around £50,000 in additional production tooling, re-organised and expanded our production organisation, and modified work flow through the building. By August, we will have double the production capacity we had in January.
Insensys CEO, Chris Knox, says:
“The additional facility
space is essential for our ongoing growth. It has been challenging making these
upgrades to our business in the current pandemic circumstances, but it’s a
great challenge to have and the changes make a much more pleasant working
environment for our employees. We’ve been surprised how quickly our customers
have ramped up their production and we have to keep up, as well as preparing
ourselves for further growth as we introduce new product lines into the market.
It is a really exciting time for the business, and I’m grateful to all our
employees for their efforts and patience as we’ve implemented changes. We are
well on track to achieve “Medium Size Enterprise” status next year - well ahead
of our original planning.”
18th December 2019
Insensys have been shortlisted for for the Thames Valley Business & Community Awards, in the SME of the year category. These awards will recognise businesses, charities, and individuals that have made an outstanding contribution in the region. This is recognition for a very successful year in which the company has grown its sales and profitability.The awards ceremony will be held on 30th January 2020.
4th December 2019
Hampshire-based Insensys Ltd has been acquired from Moog Inc by its directors in a complete Share Purchase management buyout.
Insensys are global leaders in Fibre Optic strain measurement systems in the wind turbine industry.
The existing management team of Chris Knox (CEO), Dr. Glynn Lloyd (CTO) and Andy Gallon (COO), also welcome Lucy Knox (CFO) to the Board of Directors. Lucy joins Insensys after a 20 year career as Partner at Deloitte, London.
"This is an exciting time for Insensys. It is a company with a bright future - we have a great customer base of some of the biggest Wind Turbine manufacturers, a full order book stretching well beyond 2020, and a technology roadmap that continues to develop our already market leading products. As an independent company, we will be able to refine our own strategy and align our structures in an even more targeted manner to the needs of our market and customers. It will allow us to invest further in the development of our products, ultimately enabling our customers to lower the cost of energy", says Chris Knox.
The sale of Insensys has no impact on the 30 employees, who have been transferred to the new ownership within the current organisational structure, staying at the same site. All on-going supply contracts will be unaffected by the change.
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