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JTS transfers to Employee Ownership

Welsh engineering company transfers to Employee Ownership

 

 

JTS Ltd is the only environmental chamber manufacturer in Wales, and one of very few remaining in the UK. With owners Glen and Sue James looking to step back, solutions were sought to enable the business to continue and evolve.

 

The proposal to transfer the Company to an Employee Ownership Trust was met with unanimous approval. With the support of Employee Ownership Wales, the move will enable the continued employment of a skilled and committed team.

 

New Managing Director, David Hunter, is looking forward to implementing plans for further developing the business, including offering apprenticeships, for the benefit of all employees.

 

He said “This is a fantastic opportunity for the skilled and loyal staff to have an investment in their future, the future of the business and build on the outstanding success of the first 28 years at JTS. I look forward to working with the team here who have all fully embraced the EOT process and all of us taking the business to the next stage of development. The support at Cwmpas has been invaluable to everyone involved in this process and they have helped and guided us all through to the final completion. I would recommend all companies to look at this option as there are no negatives and only positives for all concerned.”  

For more information on JTS transfers to Employee Ownership talk to JTS Ltd (James Technical Services Ltd)

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