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Innovative composite component developer Far-UK successfully repays investment17 November 2017
AMSCI
Nottingham-based composite part specialist Far-UK has fully repaid its £455k Finance Birmingham investment early and is able to continue its ambitious growth plans. Award winning composite part developer Far-UK has successfully repaid a Finance Birmingham investment, enabling significant business growth. Deployed from Advanced Manufacturing Supply Chain Initiative (AMSCI) fund, Finance Birmingham’s flexible lending has supported Far-UK to increase its team of engineering and manufacturing experts, relocate to a larger facility and complete international... Read more
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Lightweight composite innovation consultancy & component manufacturer Cecence secures £500k investment for rail expansion15 November 2017
Rail
Hampshire-based composite innovators and manufacturer Cecence has secured a £500k investment from Finance Birmingham’s national Rail Supply Growth Fund Funding will allow the firm to double its workforce in 2018 Finance provided will enable aerospace, marine and motorsport composite specialists Cecence to enable cross over technology to be applied to the rail industry Hampshire-based composite innovators and manufacturer Cecence has secured a £500k investment from Finance Birmingham’s national Rail Supply Growth Fund. The funding will... Read more
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WMCA awards £3.7m to Telford & Wrekin Borough Council towards cleaning up brownfield sites for new homes15 November 2017
Property
The West Midlands Combined Authority (WMCA) has made a £3.7 million grant to Telford & Wrekin Council to kick-starting building new homes on brownfield sites in the borough. The West Midlands Combined Authority (WMCA) has made a £3.7 million grant to Telford & Wrekin Council to kick-starting building new homes on brownfield sites in the borough. Funding is being deployed from the Brownfield Land & Property Development Fund (BLPDF) , managed by Finance Birmingham. The council is the first non-constituent member of the WMCA to win such funding, which will see... Read more
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£6.9m backing for Walsall town centre development by WMCA’s Collective Investment Fund10 November 2017
Property
More than 100 new jobs will be created when a derelict piece of land in Walsall town centre is brought back into commercial use with a £6.9 million investment from CIF More than 100 new jobs will be created when a derelict piece of land in Walsall town centre is brought back into commercial use with a £6.9 million investment by the West Midlands Combined Authority (WMCA). Work on the plot in Littleton Street West will begin in January 2018 by Worcestershire developers Cordwell Property Group following the cash injection from the authority’s Collective... Read more
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Tech firm Trolex|Aporta fast tracks rail industry growth following £1 million investment02 November 2017
Rail
Stockport-based technology firm Trolex Aporta Holdings has secured £1 million investment from Finance Birmingham’s national Rail Supply Growth Fund. The finance will enable the business to accelerate its growth plans in the rail industry through the rollout of its in-carriage entertainment system. Stockport-based technology firm Trolex Aporta Holdings has secured £1 million investment from Finance Birmingham’s national Rail Supply Growth Fund. The finance will enable the business to accelerate its growth plans in the rail industry through the rollout of its in-carriage entertainment system. The deal helps the firm create 38 new, highly-skilled jobs, assisting it to invest in the... Read more
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