Teagle Machinery played host to Chancellor George Osborne when he paid a visit to its factory on a tour of Cornwall.
Teagle employ around 150 people, most of whom are based at the 15,000m2 factory near St Agnes manufacturing agricultural machinery, including feeder bedders, manure spreaders, pasture toppers and swath conditioners.
Mr Osborne said of the visit: “I've been really impressed by what I've seen. Thanks to fantastic companies like Teagle and their staff the British economy is now growing and rebalancing.”
The visit focussed on Teagle’s success in exporting around 50 per cent of its market leading range of Tomahawk feeder bedders to more than 35 countries around the globe.
This success has justified the firm developing machines tailored specifically for these markets, as well as recent investment in buildings and plant.
Mr Osborne officially opened a new production hall that has been designed to cater for the increased demand for bigger machines demanded by larger farms.
Sales director Tom Teagle said: “We are proud to have had our achievements in manufacturing and exporting our products around the globe recognised and for Mr Osborne to have supported our ongoing expansion by officially opening a new production hall for flagship models in our Tomahawk and Titan ranges.”
The firm plans to open a further production hall in 2015.