Advanced engineering firm to create jobs as it grows client base

A Worcestershire-based advanced manufacturing and engineering firm has secured £250,000 to create jobs, diversify its product line and grow its customer base.

Handling Concepts received funding from the Midlands Engine Investment Fund (MEIF) provided by The FSE Group Debt Finance Fund and backed by the Recovery Loan Scheme (RLS) which will help to service contracts and invest in five jobs.

Established in 1994, Handling Concepts provides specialist engineered solutions for materials and industrial process handling. The solutions range from standard production line products to custom designed installations that enable a variety of manufacturers to manage their production process safely and efficiently.

The business has seen progressive growth and works primarily with UK blue-chip manufacturing businesses.

Karie Burbeck, chief operating officer of Handling Concepts, said: “Over 27 years we have expanded our specialist solutions to meet the requirements of our client base. The MEIF loan comes at a crucial point, enabling us to meet high customer demand as we recover from the effects of the pandemic. This is an opportunity for significant growth and the funds will allow us to invest in key jobs and better service our customers.

Chris Bailey, investment manager at The FSE Group, which manages the MEIF Debt Finance Fund, added: “We were impressed by Handling Concepts’ team, strong reputation and high quality products, which has resulted in excellent levels of customer retention. Furthermore, the company has the opportunity to grow in other industries and market itself to new customers. We are delighted to be able to offer this funding and look forward to working with Karie and the team to ensure they reach their goals for growth.”