A NEWTOWN company has expanded its facilities to secure its future.

Hafren Security Fasteners has launched their new purpose-built storage facility adjacent to their head office in Newtown.

To help celebrate the completion of the storage facility, Hafren was visited by the Assembly Member for Montgomeryshire, Russell George, who cut the ribbon for the official opening.

Hafren are continuing to innovate and bring new and bespoke products to the market.

A few months ago, they added former TWR Racing / Jaguar Land Rover engineer to their research and development (R&D) team helping to continually keep themselves ahead of the ever-developing threat and requirement for new and unique security screws, nuts and bolts.

Mr George said: “I’m delighted that this growing company is securing well paid jobs in the Newtown area. Hafren Fasteners is committed to Mid Wales, and this investment further secures the company’s future to the local area which supports the local economy."

Managing director Matthew Lynes, added: “It is a great day for Hafren as the global home of security fasteners expands again. This new building is more than three times larger than our current warehouse facility; we have built it to meet and exceed the growing demands of our clients, to safeguard jobs, create more jobs and to keep us one-step ahead in everything we do.

“2020 is our 25th year in this market. It has already seen the launch of one new range and we’re putting a lot of time and investment into R&D and innovation.

"We are the first globally to stock a range of A4 Stainless Steel security screws, which will no doubt be popular with customers looking for a security fastener that can withstand the harshest environments.”