Parvalux aims to double in size within five years
The Bournemouth-based motor manufacturer Parvalux, has set its sights on doubling the size of its business within five years. The company, which is celebrating its 60th anniversary this year, is already expanding into new territories, such as Poland where it recently established a subsidiary.
It is also broadening its portfolio of products to include technologies such as brushless DC motors. Parvalux’s chief executive Steven Clark points out that "market research indicates that brushless DC motor technology will eventually replace a significant proportion of AC and DC brushed motors.
"We will ensure that we lead the development of such technology," he adds. "We aim to be the only company producing DC brushless technology in the UK."
Parvalux currently exports more than half of its output, mainly to Europe and the US, but Clark (above) feels that the UK still offers growth potential. The company has recently opened a service centre in the Midlands to address the needs of manufacturers and product designers in that area.
It has also been recruiting more staff for its headquarters operation in Bournemouth. "The team now in place will be the future of Parvalux," says Clark, who is the grandson of the founder, Lesley Clark.
Parvalux started life in Essex in 1947 as a motor rewinder. It later expanded into manufacturing DC and AC motors, as well as worm and spur gearboxes. In 1957, it relocated to Bournemouth. The business has continued to grow profitably and is now claims to be the UK’s leading manufacturer of small geared motors.
