Invertek passes 3 million VFD landmark
15th April 2024UK: Welshpool-based Invertek Drives Ltd has celebrated producing its three millionth variable frequency drive.
The landmark arrives just three years after the two-million milestone, demonstrating rapidly growing demand for its energy-saving solutions.
“Tackling energy waste and emissions is a global priority,” said Adrian Ellam, CEO of Invertek Drives. “Our VFDs provide a powerful and proven solution. Expanding their use will significantly impact environmental sustainability.
“We are expanding our Innovation team significantly to create next generation VFD products as more and more industries and sectors adopt such technology to increase efficiencies in systems and reduce energy consumption, leading to improved profitability.”
The company is currently undergoing a major expansion, including a new 2,750m2 facility to boost production capacity to over 1.5 million drives annually.
The company achieved a record turnover of £96.9m in 2023, a 27% increase year-on-year. With a workforce exceeding 460 employees, the company recently announced plans for a multi-million pound investment in its VFD research and development programme, including a new innovation centre and HQ.