Whitchurch-based BM Injection is targeting further growth following agreement on a new funding package with Clydesdale Bank.
BM Injection has opened a new 1,000 sq ft industrial storage unit in Basingstoke thanks to the support.
Established in 1984, the firm designs, develops and manufactures a wide range of plastic components for industry sectors including aerospace; automotive; leisure; domestic appliances; transport, and safety.
BM Injection has enjoyed particular success in recent years in manufacturing the most widely used safety helmet in professional cricket for brand leader Masuri.
It currently produces around 1,000 helmets a week for the international market and will launch a new version this spring aimed at the Indian market.
In the automotive sector, it supplies components to key blue chip automotive firms such as Land Rover and Nissan.
The firm, which employs approximately 40 staff and has an annual turnover of around £2m, has invested heavily in its 10,000 square foot Whitchurch base with particular focus on advanced technology and computer systems.
Managing director of BM Injection, Tim Combes commemted: “We’re continuing to see growth across all our main target sectors with sport and automotive looking particularly strong at present.
“Our new storage facility will be extremely beneficial, improving the efficiency of the business and freeing up considerable space within our Whitchurch premises.
“We have worked closely with Clydesdale Bank for a number of years and their support in helping us to develop the business has been very valuable.”