Glenammer Engineering Ltd plans in-house manufacturing with £100,000 Loan
13 Aug 2018
Business Loans Scotland award loan for high quality laboratory test sieves to be manufactured in-house.
Glenammer Engineering based in Ayr, South Ayrshire capitalised on the market opportunity to manufacture a high-quality laboratory test sieve for customers that require the highest standard of test equipment.
The extensive range of laboratory test sieves are distributed globally into a wide and diverse range of industry sectors, including construction, aggregates, laboratories, universities, and test environments where the most exacting standards are required.
Glenammer Engineering supplies to multi-national business enterprises, leading research organisations and private companies through its network of distributors and agents as well as direct to consumers.
The company are continually working hard to develop and grow the Glenammer brand both in the UK and Internationally. Following their move to a 6,500 sq/ft production unit, its larger production facility and new equipment has allowed the business to seek increased market share and successfully grow its sales.
With the loan granted from Business Loans Scotland, Glenammer aims to take full control of its manufacturing in-house allowing them to deliver an excellent standard of quality to their customers.
Speaking of the loan awarded, Director of Glenammer Engineering, Managing Director Claire Wallis said:
“We very much appreciate Business Loans Scotland’s help towards our project. We found the procedures to be straight-forward and the processes went smoothly. We would recommend BLS to any SMEs who are seeking financial support to expand their business.”
Fund Manager of Business Loans Scotland, Andrew Dickson added:
“Access to capital remains a major hurdle to many small and medium sized businesses which are looking to start up and grow. Often, our funding can make the difference between a business struggling or flourishing and that in turn will have a positive impact on employment, profitability and making communities stronger.”