Weldall, a family-run enterprise hailing from Cannock district, has earned a lumpsum investment of £500,000 to amplify aluminium cladding production and generate more employment. The firm produces aluminium fabricated products and stainless steel items for the construction sector.
Weldall has been committed to its business for the last 30 years and was founded by two expert welders. Their sons now run the windows and cladding firm, which has a wide market in London, Manchester and Birmingham.
The latest £500,000 in funding will be useful for the company as it has procured a brand-new Bystronic cutting machine recently to enhance the organisation's production capacity by three times. Weldall projects revenue growth of 15 per cent if the business runs accordingly. The investment will also oversee four new employees to control the machine's functions.
The Director of Weldall, Matt O'Farrell, mentioned in a statement: "We are seeing a significant increase in demand, particularly from contractors who are building apartment and office developments in London, where city expansion is taking place rapidly."
"The new machine will enable us to maximise this opportunity for growth and win new business in the sector. Over the past few years, we've seen the price of metals double," he added.
"The new technological capabilities will enable us to process products more quickly, helping us counter these rising input costs to continue to deliver value for customers and expand," O'Farrell concluded.
The exponential funding package was provided by UK's Lloyd Bank.
Relationship director of Weldall, Rob Taylor, commented: "Weldall is a fantastic local business which has built up 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," Taylor remarked.
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