A construction firm in Aberystwyth has growth on its radar following a six-figure investment. LEB Construction plans to expand its operations with a new headquarters at the town’s Glanyrafon Industrial Estate after receiving a £537,336 investment from the Welsh Government’s Property Development Grant.
The funding will allow the company to grow its operations at the site after outgrowing its existing premises. It will develop a new two-storey 5,898 sq ft modern office space, with new IT infrastructure, tool stores, a large workshop and large builder’s yard to support its growth plans.
The mid-Wales firm specialises in delivering complex remodelling, refurbishment and new build projects. Its recent projects include the £2.73m refurbishment, extensions and alterations at Ysgol Gynradd Aberteifi, a £1.1m redevelopment of Lampeter Leisure Centre into Ceredigion’s wellbeing hub, and a £1.8m development of the new Post Room for the National Library of Wales.
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It currently employs 14 full time staff and supports 70 sub-contractors in the region as well as relies on a local supply chain of over 80 companies.
Following the investment, the firm said it will have the space needed to undertake new operations and meet its ambition to tender for larger contracts.
Managing director Luke Baker said: “We are delighted to have received grant funding from the Welsh Government to support our development ambitions for our new HQ based at Glanyrafon Industrial Estate, the development will see us create modern office space equipped with the latest IT systems, break out areas, training and meeting room, a welcoming reception area, tool stores, a large workshop and a large builder’s yard.
“We have plans in the future to create our own Construction Academy that will give our apprentices a strong start to their careers in construction and ensure LEB has a skilled and highly qualified workforce in future years.
“This development is the result of 14 years of continued and sustainable growth. We have built a skilled team of leading construction talent in the area and have demonstrated our ability to deliver larger and more complex projects for our valued clients that have consistently exceeded expectations.
“With this significant investment we are ensuring LEB Construction has the foundation required for our next phase of growth and the building will be the ideal base for LEB Construction to operate from.”
Economy Minister Vaughan Gething said: “The Welsh Government is committed to supporting our businesses to thrive. We’re doing all we can to help create and sustain good quality jobs in local communities, which helps grow our economy.
“LEB Construction Limited supports a significant number of quality jobs for people in the local area. They have plans to expand but are now at the point where they have outgrown their existing premises. So, I’m delighted we’ve been able to support them with the investment they need to develop a new HQ building, which will allow the company to grow.”
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