Telford manufacturer secures six-figure investment for growth plans
A Telford-based manufacturer is set for expansion and job creation after securing fresh investment.
Webster-Wilkinson, which makes high-voltage transformer components at its Halesfield site, has received a six-figure funding boost from business investment specialists UKSE.
The funds will help the company install a new moulding plant, invest in CAD-CAM technology, grow its sales team, and boost marketing, with at least five new jobs expected to be created.
Founded in 1966, Webster-Wilkinson supplies components for manufacturers of transmission and distribution transformers, utility companies, and network operators across the UK and further afield in Europe, the Middle East, Africa and Asia.
The company’s senior management team spotted an opportunity to bring the production of resin-based moulded parts in-house after a key supplier in Gloucestershire ceased operations.
The move will create new skilled jobs in Shropshire and help reduce the business’s environmental impact by cutting down on transport emissions.
Managing director James Russell said: “Thanks to the investment from UKSE, Webster-Wilkinson has been able to invest in new equipment which will ensure the business builds on nearly 60 years of operating at the forefront of high-voltage accessory manufacturing for the transformer and distribution industry.
“UKSE have provided us with an integrated level of support, understanding the pressures we face by coming to visit and getting to know the business before providing the finance through a thorough process which ensured they got to know us. We became aware of UKSE after seeing a news story on their support for another manufacturer and would recommend businesses speak to them to find out what is available in terms of funding. With new product lines in place, we are now set up for growth and we have reduced our environmental footprint by reducing the transportation of materials while creating more skilled work in Telford.”
Steve Grice, area manager at UKSE said: “Webster-Wilkinson is another great example of UKSE supporting a well-established manufacturing business with plans to innovate and grow. We wish them every success in their expansion plans and look forward to seeing them achieve even greater results.”
