Manufacturer to double turnover after £1.2m investment

Ian Green and Graham Hodges

Newark-based steel fabrication business, Blagg & Johnson, has made a £1.2m investment in two new automated machines that lower energy usage, achieve faster processing speeds and increase processing after landing a funding deal from HSBC UK.

The firm is a leading supplier of pressed metal sections and fabrications to the agricultural, building and vehicle industries.

Blagg & Johnson says the new machines, a laser cutting machine and a press brake, will help increase capacity by at least 30 per cent and are 50 per cent more energy efficient and will enable the business to double turnover over the next five years.

Graham Hodges, managing director of Blagg & Johnson, said: “The investment in these two machines makes us more competitive as we’re able to offer additional services for customers as well as provide faster processing times. Thanks to the support of our HSBC UK relationship manager, Ian Green, we’re well on our way to meeting our five-year growth plan as well as increase turnover by 100 per cent.”

Paul Armstrong, area director for business banking in Lincolnshire, HSBC UK, said: “We’ve supported Blagg & Johnson for nearly 50 years and so we’re thrilled to have been able to help them invest in these state-of-the-art-machines. The business has a history of adapting to new times, moving from brickwork to steel several years ago, and now moving firmly into the digital age.”

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