A MANUFACTURER is gearing up for growth after securing a £500,000 investment and allowing it to move into the rail industry.

Cecence, based in Lopcombe Corner, Salisbury, has been awarded the funding from Finance Birmingham’s national Rail Supply Growth Fund to allow the business to apply its extensive experience in delivering lightweight products for the aerospace, marine and motorsport industries, to the rail sector.

The investment will also allow the firm to expand its facility on Bunas Business Park and by recruit up to 10 new members of staff in the next 12 months – doubling its workforce.

Director at Cecence Mike Orange said: “At Cecence our talented team is dedicated to finding innovative methods for manufacturing composite products.

“Our current system, which helps us to cut the process down to under 20 minutes, reflects this commitment, as well as the cost savings we can deliver for our clients across a range of industries.

“The funding from Finance Birmingham’s national Rail Supply Growth Fund will help us to build on our success and compete in the thriving rail sector.”

The national Rail Supply Growth Fund is supported by central government, provides loans and grant funding to businesses that are offering services and products that operate in or cross-over into the rail industry.

Investment director at Finance Birmingham Jack Glonek said: “The team at Cecence constantly seeks to innovate and develop means of generating high-quality and cost-efficient products for its clients.

“Finance Birmingham is proud to help the company to break into the rail sector, a thriving industry looking to improve passenger experience while also making delivery safe, seamless and sustainable.

“One of the key objectives of Finance Birmingham’s Rail Supply Growth Fund is to support innovative businesses whose services crossover into rail, and we look forward to seeing Cecence break into the market and pursue its growth plans.”

Visit www.cecence.com.