Innovative Technology HQ Nears Completion

Due to a 71 percent increase in its United Kingdom staff, cash-handling equipment providers Innovative Technology soon will move into new state-of-the-art headquarters. The company also recently expanded a factory in China and added office in Australia and Italy.

With a 71 percent increase in United Kingdom staff members over the past six years, Innovative Technology, a leading provider of cash handling equipment, recently announced its new 2,040 square foot state-of-the-art office facility at its UK headquarters is almost completed. Development Director Peter Dunlop said, “The new head office building will allow us to continue with our growth and development, encompassing state of the art office facilities, a larger workshop, science lab and development test area to further improve our onsite rapid prototyping facilities. As a market leader in our field it is important to continually innovate.”

Established in 1992, ITL has grown internationally by 125 percent over six years, with more than 260 employees. ITL recently completed a 3,000 square foot factory expansion in China and added office locations in Australia, to handle the Asia-Pacific region, and Italy, in support of the company’s existing European base.

As a result, ITL now operates eight worldwide offices covering four continents–Europe, Asia, Australasia and South America, with a trading partner network over 22 countries.