A LOUDSPEAKER manufacturer favoured by world-famous bands including Pink Floyd and Supertramp is expanding.

Based at Aston Down, Loudspeaker Technology Ltd has a worldwide reputation for manufacturing high-performance loudspeakers and audio electronics for the music industry.

Its products are installed in some of the world’s most prestigious recording studios and auditoria and have been used in sound systems by the likes of rock giants Pink Floyd and Supertramp.

The business, formed in 1974 by the late Billy Woodman, the

father of current MD Will Woodman, is expanding into a new unit at the entrance to the new Stroudwater 13 business park at Stonehouse.

Mr Woodman said: “We had been looking for a few years for a site to move our cabinet manufacture and warehousing to, and this proved the perfect opportunity due to its close proximity to our main site near Chalford.”

The unit is on a 10-year lease from developer Robert Hitchins.

It marks the end of a £12 million investment phase by the developer at Stroudwater 13.

Robert Hitchins senior development manager Mike Plimmer said: “The letting of unit 1 marks the end of the first phase of Robert Hitchins’ considerable investment in new industrial development in Stonehouse.

“We have been really pleased with the rapid take-up of the new industrial space that we have built to date and it’s particularly rewarding to play a role in supporting such a great local company with international reach, providing them with accommodation that is fit for purpose and helps them to stay local.”

The agents were Alder King and Cushman & Wakefield.

Adrian Rowley from Alder King said: “Unit 1 is terrific space and it’s good to see the new tenants moving in. What we have here is a high-quality, speculatively-built unit in a market starved of new stock. New opportunities like this are few and far between and we’re pleased to be able to help bring this deal to fruition.”

Stroudwater 13 forms part of the employment allocation for the wider Great Oldbury urban extension development at Stonehouse which also includes 1,300 homes, a primary school, local centre and extensive sports and community facilities.   

It adjoins Stroudwater Business Park occupied by Renishaw, Schlumberger and Muller.