Weldall secures £500,000 finance package from Lloyds Bank to improve its production capabilities

The Cannock-based family-owned architectural fabrication business, Weldall, supporting the construction industry by offering bespoke welding and fabricated products in aluminium, stainless steel and mild steel, serving the entire UK, is set to increase its efficiency and production capabilities. It works primarily with windows and cladding firms in London, as well as regionally in Birmingham and Manchester.

Weldall has acquired fibre laser cutting equipment with the aid of an asset loan package worth more than £500,000 from Lloyds Bank to meet growing customer demand.

The cutting-edge Bystronic BySmart Fiber machine will increase the speed threefold at which the company can process metal. The machine includes a 10-kilowatt laser and can cut metals up to 30 mm thick, including aluminium, steel, and stainless steel. It uses less energy than the previous three-kilowatt type the company was using, resulting in cheaper expenses for the number of materials processed.

With the above machine installation, the £4 million turnover business hopes to grow revenues by 15 per cent annually through the investment.

Additionally, it will also enable Weldall to hire four new employees to support the machinery's operation, including a programmer and an operator, as well as other skilled labour roles to assist with the increased production volume.

The company also invests in developing employees by providing Bystronic operator training to help them use the new machinery effectively and safely.

Matt O'Farrell, the Director at Weldall (Cannock) Limited, said: "We see a significant increase in demand, particularly from contractors building apartments and office developments in London, where city expansion is taking place rapidly. The new machine will enable us to maximize this opportunity for growth and win new business in the sector."

"Over the past few years, we've seen the price of metals double. The new technological capabilities provided by our Bystronic machine will enable us to process products more quickly, helping us counteract these rising input costs to continue to deliver value for customers and expand."

Rob Taylor, the Relationship Director at Lloyds Bank, said: "Weldall is a fantastic local business which has built a strong reputation for reliability, quality and competitiveness. This new machinery will help the business to meet the increased demand it is experiencing while maintaining its excellent reputation with customers."