Member Article

Float Glass Industries completes £2m investment programme

Manchester-based glass processor, Float Glass Industries (FGI) has recently completed a £2m investment programme including extension of its premises and installation of new machinery with funding support from NatWest and the bank’s asset finance partner Lombard.

FGI has been processing and distributing glass to the glazing industry since 1894.

Joint managing director of FGI, Dawn Offland, said: “As demand for our products continues to increase, we have to invest in equipment that can deliver.

“Our previous machinery was 18 years old and we needed to replace it whilst also having the physical space to do so.”

When the time came to secure funding for the purchases and factory extension, FGI turned to NatWest relationship director Guy Boxall who supported the acquisitions by obtaining a seven-figure loan to facilitate the developments.

David Offland, joint managing director at FGI, said: “We recently started working with NatWest and it has been a breath of fresh air.

“Guy has spent time in the factory, getting to know the business and the products we produce.

“I feel like we are working together and Guy understands our goals.”

Guy said: “I was delighted to support Float Glass Industries on this funding arrangement which will allow the company to continue forward with its business growth aspirations.

“It is a fantastic organisation that continues to grow and grow, and I wish them every success for the future.”

This was posted in Bdaily's Members' News section by Sophia Taha .