Kent-based AD Engineering has invested in an ‘eco’ building that has the ability to power its state-of-the-art machinery after securing a five-figure funding injection from NatWest and Lombard Asset Finance.
The firm, which specialises in precision multi-axis CNC machining for the subsea, aerospace, space and transport sectors, has used the £445,750 funding package to purchase the A+ rated ‘green’ unit at Eurolinks Business Park in Sittingbourne.
Investment from NatWest will support activities for a key client account in the aerospace industry, which will deliver a 20% increase in output for the firm and support the creation of two new apprenticeships. The funding has also enabled the purchase of new Muratec MT100i-T2 twin-spindle turning machines.
For further information www.business.natwest.com