Funding for Kent engineering firm

Posted on 09 Feb 2019 and read 725 times
Funding for Kent engineering firmKent-based AD Engineering — a precision engineering sub-contractor serving the sub-sea, aerospace, space and transport sectors — has invested in a ‘state of the art’ Muratec MT100i/T2 twin-spindle turning centre after securing a five-figure funding boost from NatWest (www.adengineering.co.uk).

This will enable the company to process repeat production runs more efficiently, resulting in faster turnround times.

Carlos Forlese, owner and managing director, said: “Agility has been key to the success of our business since it was founded in 1993, and regular investment in the latest CNC technologies helps us to ensure that we stay ahead of the game and future-proofs our business.

“NatWest has been invaluable in its support and the funding it has provided, which has enabled our most recent purchase.

“It had a unique understanding of our business needs, and the whole process was smooth from start to finish.

"We plan to grow our business even further over the next 12 months, increasing our capacity and investing in our workforce.”

Lucas Douch, NatWest relationship manager, said: “AD Engineering is a perfect example of a firm that is willing to invest and diversify in order to ensure the longevity of the business.

“The funding we have provided will enable the company to meet current demands, but also develop new opportunities and support new job creation.”

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