Shropshire-based manufacturer, GWR Fasteners has taken delivery of its third new CNC machine in 16 months as the company continues to expand to meet a rapidly increasing demand for its products.
With significant financial support from Close Brothers Asset Finance, the company has been able to acquire three specialist machines that have facilitated its growth from a small-scale operation to a global distribution hub.
Serving clients across a number of industries – from precision engineering firms to the defence sector, GWR Fasteners is now able to produce a wide range of products in-house, including standard fasteners, metal plating and its unique GWR Colourfast service.
Managing director of GWR Fasteners, Gary Robinson commented: “The demand for our services has been greater than we could ever have imagined.
“By the time we took delivery of the first CNC machine, we were already thinking about purchasing a second as we knew we needed to be able to respond to the needs of our customers.
“We now have a third machine in an equally short time frame and the benefit of having this equipment is that we can now offer a wider range of products and a much quicker turnaround time, and it has meant that orders from new and existing clients continue to grow.
Robinson added: “The help we received from Close Brothers Asset Finance has been instrumental in the expansion of our manufacturing facilities. Their specialist team understood our business and our needs, and recognised that we were eligible for RGF Funding. They guided us through all of the processes and with their support we were able to significantly improve our offering.
Simon Parker, Regional Sales Manager at Close Brothers Asset Finance said: “GWR Fasteners is a company that continues to go from strength-to-strength.
“They offer a fantastic range of high quality products and combined with their knowledge and understanding of the industry, they have been able to achieve a lot in a relatively short space of time.
“The company is bursting with potential and by knowing how and when they needed to expand, GWR Fasteners were able to take advantage of opportunities as they arose.
“They’ve since won a number of business awards in recognition of the achievements and we at Close Brothers are proud to have played a part in their success.”