MACH 2020: Lloyds Bank reaffirms partnership

Posted on 28 Mar 2019 and read 441 times
MACH 2020: Lloyds Bank reaffirms partnershipThe Manufacturing Technologies Association (MTA) announced last week that Lloyds Bank will be the headline sponsor of MACH 2020.

The show is scheduled to take place from 20 to 24 April at the Birmingham NEC; it will showcase the latest in manufacturing technologies, with Lloyds Bank’s involvement being a pivotal part of the event.

Lloyds Bank has been a longstanding supporter of MACH and the manufacturing sector, and it has recently re-affirmed this by increasing its lending commitment to UK manufacturers.

Having originally pledged to lend in excess of £6 billion to manufacturers between 2013 and 2018, the Bank has committed a further £1 billion per year of new lending, through to the end of 2020.

James Selka, CEO of the MTA, which organises MACH, said: “We have had a fantastic working relationship with Lloyds Bank over the course of their sponsorship of the show. We share the same vision — to increase the UK’s productivity while seeing manufacturers use the latest technology.

"With Lloyd Bank’s pledge to lend a further £1 billion per year to the UK manufacturing sector until 2020 and the expansion of the Annual Investment Allowance from £200,000 to £1 million, MACH 2020 is the perfect platform to stimulate investment.

"It is integral to the success of MACH that our exhibitors and visitors can have proper access to finance, from a bank that understands manufacturers’ needs."

Details of how to exhibit at or visit MACH 2020 can be found on the Web site (www.machexhibition.com).

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