Cable maker plans expansion with Chrysalis backing
18th December 2013
A KNOWSLEY-based cable maker has secured a £3.5m loan from the Chrysalis Fund to expand production.Tratos UK supplies low voltage cables to the power distribution industry but plans to expand into new markets such as rail and off-shore wind in a move that could create 100 jobs.It will use the money to buy a site adjacent to its base in Randles Road, Knowsley Business Park, and redevelop existing facilities. In total it will add 100,000 sq ft to the firm's manufacturing capacity. Tratos, part of an Italian group, is also seeki......for the full story register now for free or login below...
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