Jobs created after Coventry manufacturer receives RGF grant
A COVENTRY manufacturing company, celebrating its 30th anniversary, has created new jobs after receiving a £75,000 grant from the Regional Growth Fund (RGF).
Exhall-based Foleshill Metal Finishing is a provider of powder coating, e-coat and metal finishing services for products ranging from cars to office furniture.
The business was awarded £75,000 from the RGF, which was approved by the Coventry and Warwickshire Local Enterprise Partnership (CWLEP).
It has spent the money on buying a second e-coat paint plant. Some 11 new jobs have been created for plant operators to add to its previous 14 employees, with a night shift now in operation.
Tony Minhas, who has been managing director at Foleshill Metal Finishing since 1991, said plans are also in the pipeline to extend its premises to cope with a demand for its services.
“The e-coat paint plant is a water-based wet process so it is environmentally friendly and energy efficient,” he said.
“It took three months to install the machine and it means we can coat products much more quickly and take on more orders from our customers.
“We were previously running at 80-90% capacity and receiving the Regional Growth Fund grant means we expect our turnover to increase by 40% and provide a better and more efficient service to our customers.
“Early next year we aim to start building a 12,000 sq ft warehouse because we have a shortage of space.”
Cllr Kevin Maton, Coventry City Council cabinet member for business, enterprise and employment and CWLEP board member, said: “This company is showing what can be done with the right level of support. They employ skilled people and demand for their services is rising which is fantastic news for them and for the skilled people they employ.”
