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Manufacturing

Staffordshire manufacturer ECAM Engineering expands with HSBC 海角视频 funding

The cash boost has helped the business to purchase new machinery and additional space at its Cheadle base

From left: John Paulson, HSBC 海角视频 relationship manager for Liverpool, Cheshire and Staffordshire and ECAM managing director Phil Arme

Precision fabrication manufacturer ECAM Engineering has upgraded its factory - thanks to the backing of a six-figure funding package from HSBC 海角视频.

The Cheadle-based engineering firm, which was established 50 years ago, has expanded its Tower Crane Drive factory by 30 per cent after taking on two additional industrial units next to its current site. The extra 5,382 sqft of space is now being used to accommodate offices and production facilities.

ECAM Engineering - which supplies clients in the earthmoving, construction and rail industries across the 海角视频 - also used HSBC 海角视频's funding to buy a new plasma cutting machine, a computer-controlled milling machine and a CNC press brake which will allow the company to scale up production by at least 20 per cent.

As a result of the expansion, ECAM Engineering anticipates it will create three new jobs - and increase revenue by 10 per cent - in the next 12 months. The company currently employs a team of 35 staff and last year enjoyed a turnover of £2.5 million.

Pictured: ECAM managing director Phil Arme and John Arme, HSBC 海角视频 relationship manager for Liverpool, Cheshire and Staffordshire

Phil Arme, managing director of ECAM Engineering, said: "We're in a competitive market and it’s through the quality of our workforce, our customer service and our technical investments that we remain a market leader.

"Raising productivity by using the latest technology is central to our growth strategy and, with the backing of HSBC 海角视频, we’re now poised to scale-up capacity and win new business."

John Paulson, Business Banking Relationship Manager at HSBC 海角视频 for Liverpool, Cheshire and Staffordshire, added: "ECAM Engineering is a great example of the type of growth-hungry business we are proud to support.

"Phil and his team have considerable experience and knowledge of their industry and they're not afraid to make significant investments to raise productivity. We look forward to seeing the business continue to grow."