Michelin Development are proud to have been instrumental in supporting a number of North Staffordshire businesses to invest and expand their operations.
Thanks to funding received, JPR Solutions (UK) Limited were able to not only benefit from ongoing business support, but have also been able to invest in infrastructure and to take on a significant number of additional staff which is a fantastic achievement for the team as they continue to grow within their chosen business sector.
Another success story is Patera Engineering who have been able to expand their business after receiving assistance from the fund. The business has benefited from two loans which has helped the team to move into larger premises, invest in high technology equipment and develop advanced Building Information Modelling (BIM). The team have also been able to make the leap into top specification projects both nationally and internationally.
Bartec Engineering Services who specialise in mechanical and electrical installation have used their loan to move into new premises. This has given the business the resource to secure larger and more prestigious contracts. The team are pleased to have been able to win impressive new sub-contractor projects that have included water recovery and treatment projects for Heathrow Airport Ltd, Thames Water, Southern Water and Severn Trent Water which helps to secure the future of the business.
Staffordshire Moorlands based Moorland Contract Cleaning have been able to move into new markets following a £50,000 cash injection from the fund. This significant sum will be used to launch a new division, providing janitorial supplies that feature greener formulations and sustainable packaging. Over the next three years, the business is forecasting turnover to double and more than 10 full time positions to be created as a result of the expansion.
Mike Cole from Michelin Development commented, “2019 has been another challenging year for businesses across the country but it is important for SMEs in North Staffordshire to know that Michelin Development continues to be there to support their growth and we look forward to hearing from more companies in 2020 both new and old with exciting plans to grow and create jobs.”
If you are inspired by these success stories and interested in finding out more about how a loan from Michelin Development could help your business to grow, visit https://michelindevelopment.co.uk/#who-can-apply