Wolverhampton-based 3D Tooling Technologies (3DT) is set to expand its operations following the acquisition of a new machine tool from Chester Machine Tools, facilitated by funding from Paragon SME Lending. The five-figure package will see the specialist in product and component prototype development, design and manufacturing expand the range of services now available to clients, including machining.

Chester Machine Tools supplied 3DT with a Chester VF1100 high-speed CNC machining centre. Discussing Paragon’s role in facilitating the deal, Graham Cherry, Chester Machine Tool’s CNC sales manager, says: “I’ve been involved in the machine tool space for many years and always had excellent experience working with Paragon. Its knowledge in this sector, together with its appetite and willingness to support Chester and our customers, has been a breath of fresh air.”
For further information www.paragonbankinggroup.co.uk