Safety footwear manufacturer Tuffking has received a “six-figure investment” from the British Business Bank’s South West Investment Fund.<\/p>\n
Tuffking is using the investment which has been secured via appointed fund manager FW Capital, to create nine jobs, expand its client base and invest more into their new UK manufacturing facilities, which will enable them to produce more British made boots.<\/p>\n
The business recently relocated its headquarters to Swindon and has a long history of providing hard-wearing protective boots since it was founded as Giffard Newton & Sons in 1854.<\/p>\n
It is also growing its global presence following increased demand for its products across the world and aims to hit \u00a350m in turnover by 2030.<\/p>\n
Ryan Dhindsa, managing director at Tuffking, said: \u201cThe nature of our business and clients\u2019 needs means we are a specialist manufacturer with a reputation for delivering quality and trusted products.<\/p>\n
“Leveraging over 170 years of technical knowledge and experience we have evolved our business to meet increased demands across a wide variety of sectors. The funding will help us to innovate and invest further in our product range.\u201d<\/p>\n
The team at FW Capital was led by David Goodall Fund Manager, supported by Kevin Goodall and Ben Donati.<\/p>\n
Donati added: \u201cTuffking is on an exciting journey of growth as it reacts to changing demands which has seen them diversify and expand their product range.<\/p>\n
“They are also creating new jobs as they continue to strengthen their position as a leading UK manufacturer in their field. The business has a strong heritage and reputation for excellence, and we\u2019re thrilled to help them with this next stage of their development.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Jobs to be created at 170-year-old manufacturer<\/p>\n","protected":false},"author":18,"featured_media":17926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"coauthors":[81],"class_list":["post-17925","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","tag-featured-story","tag-top-story","tag-wiltshire"],"yoast_head":"\n