Modular building manufacturer Thurston Group has agreed a funding package with Barclays bank to help it expand its business overseas.
Thurston Group is a £30m turnover SME, based in Wakefield West Yorkshire.
The company, which employs 230 people, performed well in the recent recession is growing organically in the UK.
Today Barclays bank confirmed it has struck a new agreement with Thurston to help the company replicate this success in international markets.
Alex Pryce, Barclays’ Relationship Director commented: “Thurston Group is a highly professional and progressive brand that is thriving despite the current economic challenges. The management’s ambitious growth plans are testament to their success and this is a fantastic opportunity to work with a leading Yorkshire manufacturer.”
Ms Pryce continued: “For more than a decade Barclays has been at the forefront in providing support and funding to the manufacturing sector. Our expertise in the industry ensures we understand businesses needs which enables us to stay ahead of this continually evolving sector.”
Pryce concluded by assuring that Barclays is committed to its role as a corporate manufacturing bank. With an industry focus on sustainability, supply chain risk and high-value manufacturing she said the bank is “well placed to help manufactures achieve their objectives”.