County Durham manufacturer EOS Facades has created jobs, expanded its product range and won new clients after securing a £110,000 funding boost from Let's Grow.
The Newton Aycliffe-based business was approved for the grant in February last year as part of a wider £500,000 project to pay for two new machines, take on an additional eight staff and safeguard five jobs.
Since then, it has drawn down £72,000 and bought one of the machines, created seven jobs and is working with a larger client base.
EOS works with construction customers across the UK, providing specialist light gauge steel profiles for construction. Its products are used across education, healthcare, commercial, residential and mixed-use developments.
Neil Teesdale, finance director at EOS, said: "In the past we have been forced to walk away from projects or subcontract works to our competitors. The new section sizes have allowed us to quote to a much wider marketplace.
"We are attracting new customers and our turnover is increasing. The extra capacity created by the new machine will allow this growth to continue."
Let's Grow, which is administered by the BE Group in partnership with UNW, The Journal and Evening Gazette, supports SME growth and job creation in the North East.
Neville Bearpark, who leads the UNW grants team, said: "EOS Facades is a superb example of how the funding can help a business reach the next level, increase its order book and win new customers. The company has created jobs and is on course to add further members of staff.
"We wish EOS every success in the future and have enjoyed supporting the business during this exciting period of growth."
Original link - Insider Media
