Big data firm to invest £1.5m in Coleshill expansion
Telematics business Trakm8 is planning to invest £1.5m as part of its growth plans that will see it expand its Coleshill site.
The business has the ambition of having 1m connected devices by the end of 2020 - "that's an ambition, not a forecast", said executive chairman John Watkins - which would be four times as many as it currently has.
"We are quite tight for space at Coleshill," said Watkins. "We are going to invest £1.5m in new equipment, particularly around assembly and testing, so we can manufacture in much greater volu... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...