Power Supply firm invests in North Devon

The decision to invest further is fuelled by TDK-Lambda’s future plans for product development and "demonstrates its confidence in UK manufacturing", a press release states. “Purchasing the freehold of our Kingsley Avenue facility in Ilfracombe puts TDK-Lambda in a great position to continue working towards our long-term plans and goals,” says Phil Scotcher, General Manager at TDK-Lambda UK. “Also we have significantly expanded our R&D department floor space by 41%, and are recruiting additional engineers into the TDK-Lambda design team, to enable us to accelerate new product developments.” “These investments clearly demonstrate our confidence in both UK manufacturing and R&D,” adds Scotcher.