Barkley Plastics invests after receiving grant funding
BIRMINGHAM moulding manufacturer Barkley Plastics has received £110,000 in grant funding and is using the money to purchase specialist machinery and for the installation of a ‘clean room’.
The Highgate firm – founded in 1963 – produces in excess of 80m mouldings each year, via 40 moulding presses operating around 24 hours a day, seven days a week.
It has one of the largest tool making facilities in the UK, producing high precision tools capable of delivering millions of mouldings.
Birmingham financial services provider Central Finance sourced the grant via EDRF programmes and RGF support.
Mark Harwood, managing director at Barkley Plastics, said: “To ensure we maintain and increase our output levels at the level of quality we are known for it is important to continuously invest in machinery and infrastructure.
“Finding the right grant funding for this investment was key to our future growth and we couldn’t do it alone.”
Alison Bradley, managing director at Central Finance, said: “Accessing grant funding can be complex, time consuming with sometimes a negative outcome, but our experienced team understand the market very well and achieving this six figure grant package is testament to our knowledge of the sector and our understanding of the funding criteria often put in place.”
