Business

Mon Aug 18 19:51:18 PDT 2008

Numill is heading for further growth after trebling its workload in under two years. The Sheffield firm, which reclaims, designs and manufactures cutting tools, has secured a £100,000 loan from South Yorkshire Investment Fund (SYIF). It will provide working capital to support sales in the UK, Scandinavia, France, Denmark, the Czech Republic and two new European regions – Spain and Slovenia. Anne Wilson, managing director and owner, said, ”SYIF’s support is greatly appreciated and will enable the business to achieve its growth targets.” Numill reckons companies can save up to 70 per cent on the cost of new tools by having it re-grind, re-weld and re-machine scrapped tools, modify and make tools to customers’ specifications.

Source: Infomedia

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