Flintshire-based self-piercing rivet manufacturer Henrob has bought a 150,000 sq ft warehouse next to its current 100,000 sq ft base on the Deeside Industrial Park, for conversion into a manufacturing facility.
The building purchase and conversion costs were covered by a £5.2m finance package from HSBC's Liverpool Commercial Centre.
Antler Properties was the vendor for the building, advised by Legat Owen. Henrob was unrepresented.
Henrob will be operating the two sites in tandem.
Philip Whitehead, finance director of Henrob, said: "This is a major investment by the company but one we feel is necessary to support our business growth. We are constrained by our existing base, so the additional facility gives us the manufacturing capacity to meet our customers' current and future needs.
"The expansion also benefits the local economy, and we are creating 100 new jobs over the next 18 months in a wide number of fields."