Automotive and aerospace components manufacturer set to create 50 new jobs with major expansion of Burnley site
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Burnley-based automotive manufacturer, BCW Manufacturing Group is looking to expand its factory space and production line after being backed by Secure Trust Bank Commercial Finance.
Founded in 2002, BCW Manufacturing Group develops automated lines, tooling, work holdings and mistake prevention systems. It has a client-base including Aston Martin, Bentley and Jaguar Land Rover, with a turnover of £26m.
The company has been backed to the tune of £5m, which will be used to fund the expansion of its existing site with an 80,000 sq ft development. The bolstered headquarters will see the creation of a dedicated automotive machining facility and additional warehouse space.
The investment is set to create up to 50 jobs.
Claire Whelan, joint managing director at BCW, said: “We are delighted to be unveiling plans for this specialist automotive facility to accommodate our expansion in automotive manufacturing as a result of securing new contracts of a substantial size with prestigious automotive manufacturers.
We are delighted to have won these new contracts against stiff global competition and this expansion will be a major boost for BCW, for Burnley and the wider Lancashire economy, creating several new hi-tech jobs in the process.
David Green, regional sales director at Secure Trust Bank Commercial Finance, added: “BCW is well placed to tap into the country’s growing manufacturing industry, with the UK set to be the world’s fifth largest industrial nation by 2021.
“This funding places the company in an excellent position to cater to new business demands and increase its product range – we’re pleased to support BCW’s development as the business continues to grow and build on its innovation in the coming years.”